XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues and other income:    
Oil and gas revenue $ 228,066 $ 115,771
Interest income 70 746
Other income 254 30
Total revenues and other income 228,390 116,547
Costs and expenses:    
Oil and gas production 24,401 7,326
Exploration expenses 23,296 39,644
General and administrative 40,030 39,323
Depletion and depreciation 58,649 31,649
Amortization-deferred financing costs 2,698 2,194
Interest expense 8,991 13,058
Derivatives, net 5,508 3,860
Other expenses, net 632 748
Total costs and expenses 164,205 137,802
Income (loss) before income taxes 64,185 (21,255)
Income tax expense 44,091 16,286
Net income (loss) $ 20,094 $ (37,541)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.05 $ (0.10)
Diluted (in dollars per share) $ 0.05 $ (0.10)
Weighted average number of shares used to compute net income (loss) per share:    
Basic (in shares) 375,284 369,227
Diluted (in shares) 375,651 369,227