Earnings (Losses) Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings (Losses) Per Share

Earnings (losses) per share computations

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax	$	(97,839)	$	(250,879)	$	(681,048)	$	(168,407)
Less: net (income) loss attributable to noncontrolling interest		(1,185)		320		990		453
Less: (earnings) losses allocated to unvested shareholders		2,698		5,834		14,683		4,523
Numerator for basic earnings per share:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(96,326)	$	(244,725)	$	(665,375)	$	(163,431)
Income (loss) from discontinued operations, net of tax	$	(12,187)	$	(45,275)	$	(14,097)	$	(41,067)
Weighted-average number of shares outstanding - basic		276,707		284,112		276,369		285,186
Earnings (losses) per share:
Basic from continuing operations	$	(0.35)	$	(0.86)	$	(2.41)	$	(0.57)
Basic from discontinued operations		(0.04)		(0.16)		(0.05)		(0.15)
Total Basic	$	(0.39)	$	(1.02)	$	(2.46)	$	(0.72)
DILUTED EPS:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(96,326)	$	(244,725)	$	(665,375)	$	(163,431)
Add: effect of reallocating undistributed earnings of unvested shareholders		—		—		—		—
Adjusted income (loss) from continuing operations, net of tax - diluted	$	(96,326)	$	(244,725)	$	(665,375)	$	(163,431)
Income (loss) from discontinued operations, net of tax	$	(12,187)	$	(45,275)	$	(14,097)	$	(41,067)
Weighted-average number of shares outstanding - basic		276,707		284,112		276,369		285,186
Add: dilutive effect of potential common shares		—		—		—		—
Weighted-average number of shares outstanding - diluted		276,707		284,112		276,369		285,186
Earnings (losses) per share:
Diluted from continuing operations	$	(0.35)	$	(0.86)	$	(2.41)	$	(0.57)
Diluted from discontinued operations		(0.04)		(0.16)		(0.05)		(0.15)
Total Diluted	$	(0.39)	$	(1.02)	$	(2.46)	$	(0.72)

Potentially dilutive securities excluded as anti-dilutive

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Potentially dilutive securities excluded as anti-dilutive		5,368,596		9,416,647		5,387,577		9,910,476