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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding
The computations of basic and diluted earnings per share are as follows:
 
First Quarter
 
2015
 
2014
 
(In thousands)
Numerator:
 
 
 
Consolidated net income (loss)
$
(8,237
)
 
$
9,007

Less: Net loss (income) attributable to noncontrolling interest
79

 
(673
)
Earnings (loss) available for diluted earnings per share
$
(8,158
)
 
$
8,334

Less: Undistributed net income allocated to participating securities

 
(1,295
)
Earnings (loss) available to common shareholders for basic earnings per share
$
(8,158
)
 
$
7,039

 
 
 
 
Denominator:
 
 
 
Weighted average common shares outstanding — basic
34,168

 
35,576

Weighted average common shares upon conversion of participating securities (a)

 
7,857

Dilutive effect of stock options, restricted stock and equity-settled awards

 
480

Total weighted average shares outstanding — diluted
34,168

 
43,913

Anti-dilutive awards excluded from diluted weighted average shares
10,743

 
2,051

_____________________
(a) 
Our earnings per share calculation reflects the weighted average shares issuable upon settlement of the prepaid stock purchase contract component of our 6.00% tangible equity units, issued November 27, 2013.