XML 80 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation Of Components Used To Compute Basic And Diluted Earnings (Loss) Per Common Share
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
(In thousands, except per share data)
Net income (loss) attributable to Quicksilver
$
161,618

 
$
(2,352,606
)
 
$
90,046

Basic income allocable to participating securities (1)
(4,252
)
 
—

 
(1,106
)
Income (loss) available to shareholders
$
157,366

 
$
(2,352,606
)
 
$
88,940

Weighted average common shares – basic
171,518

 
170,106

 
168,993

Effect of dilutive securities (2)
 
 
 
 
 
Share-based compensation awards
141

 
—

 
742

Weighted average common shares — diluted
171,659

 
170,106

 
169,735

Earnings (loss) per common share — basic
$
0.92

 
$
(13.83
)
 
$
0.53

Earnings (loss) per common share — diluted
$
0.92

 
$
(13.83
)
 
$
0.52

 
(1) 
Restricted share awards that contain nonforfeitable rights to dividends are participating securities and, therefore, should be included in computing earnings using the two-class method. Participating securities, however, do not participate in undistributed net losses because there is no contractual obligation to do so.
(2) 
For 2013, 5.6 million shares associated with our stock options and 0.2 million shares associated with our unvested restricted stock units were antidilutive and, therefore, excluded from the diluted share calculations. For 2012, 5.0 million shares associated with our stock options and 0.3 million shares associated with our unvested restricted stock units were antidilutive and, therefore, excluded from the diluted share calculations. For 2011, the effects of 9.8 million shares associated with our convertible debentures for the period outstanding were antidilutive, and 1.9 million shares associated with our stock options and 0.1 million shares associated with our unvested restricted stock units were antidilutive and, therefore, excluded from the diluted share calculations.