Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computation.

	Year Ended December 31,
	2017			2016		2015
	(In thousands, except per share amounts)
Net income (loss)	$	(100,639	)	$	93,221	$	192,008
Weighted average basic common shares outstanding	37,457			37,537		38,364
Effect of dilutive securities - stock options and awards	—			130		167
Total shares and dilutive securities	37,457			37,667		38,531
Basic earnings (loss) per common share	$	(2.69	)	$	2.48	$	5.00
Diluted earnings (loss) per common share	$	(2.69	)	$	2.47	$	4.98

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2017, 2016 and 2015, the Company has excluded the following common stock options and awards because their impact on the loss per share is anti-dilutive (in thousands on a weighted average basis):

	Year Ended December 31,
	2017	2016	2015
	(In thousands)
Director stock awards	8	2	2
Stock options	21	—	—
Performance share units	160	64	61
Restricted stock awards	186	110	97