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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

The following is a calculation of the basic and diluted weighted-average number of shares of common stock and EPS for the three and six months ended June 30, 2017 and 2016, respectively:

 

 

 

Three Months Ended June 30,

 

(in thousands, except per share data)

 

2017

 

 

2016

 

 

 

Income

 

 

Shares

 

 

Per Share

 

 

(Loss)

 

 

Shares

 

 

Per Share

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

11,494

 

 

 

262,423

 

 

$

0.04

 

 

$

(73,163

)

 

 

223,013

 

 

$

(0.33

)

Weighted-average number of shares of common

   stock-diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock and performance unit awards

 

 

 

 

 

1,997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

11,494

 

 

 

264,420

 

 

$

0.04

 

 

$

(73,163

)

 

 

223,013

 

 

$

(0.33

)

 

 

 

Six Months Ended June 30,

 

(in thousands, except per share data)

 

2017

 

 

2016

 

 

 

Income

 

 

Shares

 

 

Per Share

 

 

(Loss)

 

 

Shares

 

 

Per Share

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

38,341

 

 

 

261,768

 

 

$

0.15

 

 

$

(118,697

)

 

 

222,898

 

 

$

(0.53

)

Weighted-average number of shares of common

   stock-diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock and performance unit awards

 

 

 

 

 

2,553

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

38,341

 

 

 

264,321

 

 

$

0.15

 

 

$

(118,697

)

 

 

222,898

 

 

$

(0.53

)