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Earnings (Loss) Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share: 

 

 

 

2016

 

 

2015

 

 

2014

 

Numerator (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

209,794

 

 

$

167,518

 

 

$

(72,914

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares

   outstanding

 

 

200,129,868

 

 

 

169,560,616

 

 

 

169,467,651

 

Dilutive effect of Share-based awards

 

 

3,894,858

 

 

 

1,500,104

 

 

 

—

 

Weighted-average dilutive shares

   outstanding

 

 

204,024,726

 

 

 

171,060,720

 

 

 

169,467,651

 

Basic earnings (loss) per share

 

$

1.05

 

 

$

0.99

 

 

$

(0.43

)

Diluted earnings (loss) per share

 

$

1.03

 

 

$

0.98

 

 

$

(0.43

)