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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2017
QUARTERLY FINANCIAL DATA (UNAUDITED)  
Schedule of quarterly financial data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands except per share amounts)

 

2017 Quarter ended 

 

 

    

March 31

    

June 30

    

September 30

    

December 31

 

Voyage revenues

 

$

123,016

 

$

74,945

 

$

51,026

 

$

58,832

 

Operating income / (loss)

 

 

46,325

 

 

(59,348)

 

 

(47,967)

 

 

(25,655)

 

Net income (loss)

 

 

26,864

 

 

(82,545)

 

 

(67,468)

 

 

(45,392)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.32

 

$

(0.99)

 

$

(0.81)

 

$

(0.55)

 

Diluted

 

$

0.32

 

$

(0.99)

 

$

(0.81)

 

$

(0.55)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding - basic

 

 

82,960

 

 

82,979

 

 

82,989

 

 

83,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding - diluted

 

 

82,991

 

 

82,979

 

 

82,989

 

 

83,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016 Quarter ended 

 

 

    

March 31

    

June 30

    

September 30

    

December 31

 

Voyage revenues

 

$

124,044

 

$

105,958

 

$

72,259

 

$

102,361

 

Operating income / (loss)

 

 

68,184

 

 

49,948

 

 

(25,192)

 

 

23,330

 

Net income (loss)

 

 

60,858

 

 

37,995

 

 

(37,351)

 

 

5,804

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.74

 

$

0.46

 

$

(0.45)

 

$

0.07

 

Diluted

 

$

0.74

 

$

0.46

 

$

(0.45)

 

$

0.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding - basic

 

 

82,680

 

 

82,681

 

 

82,682

 

 

82,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Shares Outstanding - diluted

 

 

82,680

 

 

82,681

 

 

82,682

 

 

82,776