Earnings (Losses) Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings (Losses) Per Share

Earnings (losses) per share computations

	Three Months Ended
	March 31,
	2016		2015
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax	$	(396,644)	$	124,362
Less: net (income) loss attributable to noncontrolling interest		(724)		89
Less: (earnings) losses allocated to unvested shareholders		8,199		(2,031)
Numerator for basic earnings per share:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(389,169)	$	122,420
Income (loss) from discontinued operations, net of tax	$	(926)	$	(817)
Weighted-average number of shares outstanding - basic		275,851		285,361
Earnings (losses) per share:
Basic from continuing operations	$	(1.41)	$	0.43
Basic from discontinued operations		—		—
Total Basic	$	(1.41)	$	0.43
DILUTED EPS:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(389,169)	$	122,420
Add: effect of reallocating undistributed earnings of unvested shareholders		—		5
Adjusted income (loss) from continuing operations, net of tax - diluted	$	(389,169)	$	122,425
Income (loss) from discontinued operations, net of tax	$	(926)	$	(817)
Weighted-average number of shares outstanding - basic		275,851		285,361
Add: dilutive effect of potential common shares		—		812
Weighted-average number of shares outstanding - diluted		275,851		286,173
Earnings (losses) per share:
Diluted from continuing operations	$	(1.41)	$	0.43
Diluted from discontinued operations		—		(0.01)
Total Diluted	$	(1.41)	$	0.42

Potentially dilutive securities excluded as anti-dilutive

	Three Months Ended
	March 31,
	2016		2015
Potentially dilutive securities excluded as anti-dilutive		5,414,712		6,621,688