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Earnings (Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
Weighted Average Number of Common Shares Outstanding for Computing Basic and Diluted Earnings (Loss) Per Common Share

Basic earnings (loss) per common share are computed by dividing net income (loss) available to common stockholders by the weighted-average number of common shares outstanding for the period. The weighted average number of common shares outstanding for computing basic and diluted earnings (loss) per common share for the three months ended March 31, 2014 and 2013 were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

 

2013

 

 

 

(In thousands)

 

Basic

 

 

676,927

 

 

 

379,880

 

Diluted

 

 

676,927

 

 

 

379,880

 

 

Antidilutive Securities Excluded from Computation of Earnings Per Share

The number of stock options and restricted stock awards that were excluded from dilutive shares outstanding as these potentially dilutive securities are anti-dilutive because the Company was in a loss position for the three months ended March 31, 2014 and 2013 were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

 

2013

 

 

 

(In thousands)

 

Stock options

 

 

7,433

 

 

 

353

 

Nonvested restricted stock awards

 

 

7,500

 

 

 

1,561

 

 

 

 

14,933

 

 

 

1,914