XML 140 R60.htm IDEA: XBRL DOCUMENT v2.4.1.9
Common Stock and Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share Computations
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations shown on the consolidated statements of comprehensive income (loss) (in thousands, except per share data):
 
 
For the Years Ended December 31,
 
 
2014
 
2013
 
2012
Basic earnings (loss) per share
 
 
 
 
 
 
Net income (loss)
 
$
(110,328
)
 
$
253,467

 
$
(22,134
)
Less: Net income allocated to unvested participating securities
 

 
(3,719
)
 

Net income (loss) available to common stockholders (numerator)
 
$
(110,328
)
 
$
249,748

 
$
(22,134
)
 
 
 
 
 
 
 
Weighted-average common shares outstanding (denominator)
 
37,631

 
37,003

 
30,397

 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
(2.93
)
 
$
6.75

 
$
(0.73
)
 
 
 
 
 
 
 
Diluted earnings (loss) per share
 
 
 
 
 
 
Net income (loss)
 
$
(110,328
)
 
$
253,467

 
$
(22,134
)
Less: Net income allocated to unvested participating securities
 

 
(3,651
)
 

Net income (loss) available to common stockholders (numerator)
 
$
(110,328
)
 
$
249,816

 
$
(22,134
)
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
37,631

 
37,003

 
30,397

Add: Effect of dilutive stock options, non-participating securities, and convertible notes
 

 
698

 

Diluted weighted-average common shares outstanding (denominator)
 
37,631

 
37,701

 
30,397

 
 
 
 
 
 
 
Diluted earnings (loss) per share
 
$
(2.93
)
 
$
6.63

 
$
(0.73
)