Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) for the periods presented (in thousands, except per share amounts):

	Three months ended March 31,
	2016			2015
Net income (loss):
Net income (loss) from continuing operations	$	(37,327	)	$	76,452
Net income from discontinued operations	6,216			—
Net income (loss)	$	(31,111	)	$	76,452
Weighted-average shares used to calculate basic EPS	68,132			56,661
Effect of dilutive securities:
Employee equity awards	—			566
Weighted-average shares used to calculate diluted EPS	68,132			57,227
Basic EPS:
Continuing operations	$	(0.55	)	$	1.35
Discontinued operations	0.09			—
Basic EPS	$	(0.46	)	$	1.35
Diluted EPS:
Continuing operations	$	(0.55	)	$	1.34
Discontinued operations	0.09			—
Diluted EPS	$	(0.46	)	$	1.34

Anti-dilutive Potential Shares of Common Stock Excluded from Computation of Earnings Per Share

The following table sets forth weighted-average outstanding potential shares of common stock that are not included in the diluted earnings per share calculation above because to do so would be anti-dilutive for the periods indicated (in thousands):

	Three months ended March 31,
	2016	2015
Shares reserved for conversion of 4.75% convertible subordinated notes	1,969	1,942
Common stock related to employee equity awards	1,583	211
	3,552	2,153