Income Taxes (Tables)

3 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Schedule Of Effective Income Tax Rate Reconciliation

The Company’s income tax (expense) benefit differs from the income tax (expense) benefit computed by applying the U.S. federal statutory corporate income tax rate of 35% to income (loss) before income taxes as follows:

	Three Months Ended March 31,
	2017			2016
	(In thousands)
Income (loss) before income taxes		$40,021			($311,274	)
Income tax (expense) benefit at the statutory rate	(14,007		)	108,946
State income tax (expense) benefit, net of U.S. federal income taxes	(710		)	1,619
Tax shortfalls from stock-based compensation expense	(2,592		)	—
Deferred tax assets valuation allowance	17,369			(110,679		)
Other	(60		)	(7		)
Income tax expense		$—			($121	)