Earnings (Losses) Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings (Losses) Per Share

Earnings (losses) per share computations

	Year Ended December 31,
	2016		2015		2014
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax	$	(1,011,244)	$	(329,497)	$	(669,265)
Less: net (income) loss attributable to noncontrolling interest		(135)		(381)		(1,415)
Less: loss on redemption of subsidiary preferred stock		—		—		(1,688)
Less: (earnings) losses allocated to unvested shareholders		22,730		7,820		10,595
Numerator for basic earnings per share:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(988,649)	$	(322,058)	$	(661,773)
Income (loss) from discontinued operations, net of tax	$	(18,363)	$	(42,797)	$	21
Weighted-average number of shares outstanding - basic		276,475		282,982		290,694
Earnings (losses) per share:
Basic from continuing operations	$	(3.58)	$	(1.14)	$	(2.28)
Basic from discontinued operations		(0.06)		(0.15)		—
Total Basic	$	(3.64)	$	(1.29)	$	(2.28)
DILUTED EPS:
Adjusted income (loss) from continuing operations, net of tax - basic	$	(988,649)	$	(322,058)	$	(661,773)
Add: effect of reallocating undistributed earnings of unvested shareholders		—		—		—
Adjusted income (loss) from continuing operations, net of tax - diluted	$	(988,649)	$	(322,058)	$	(661,773)
Income (loss) from discontinued operations, net of tax	$	(18,363)	$	(42,797)	$	21
Weighted-average number of shares outstanding - basic		276,475		282,982		290,694
Add: dilutive effect of potential common shares		—		—		—
Weighted-average number of shares outstanding - diluted		276,475		282,982		290,694
Earnings (losses) per share:
Diluted from continuing operations	$	(3.58)	$	(1.14)	$	(2.28)
Diluted from discontinued operations		(0.06)		(0.15)		—
Total Diluted	$	(3.64)	$	(1.29)	$	(2.28)

Potentially dilutive securities excluded as anti-dilutive

	Year Ended December 31,
	2016		2015		2014
	(In thousands)
Potentially dilutive securities excluded as anti-dilutive		5,372		9,459		12,950