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Reconciliation of Earnings Per Share (EPS)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share (EPS)
RECONCILIATION OF EARNINGS PER SHARE (EPS)

 
Three months ended
Three months ended
(in thousands, except per share amounts)
March 31, 2016
March 31, 2015
 
Net
 
Per Share
Net
 
Per Share
 
Loss
Shares
Amount
Loss
Shares
Amount
Basic EPS
$
(203,116
)
86,632

$
(2.34
)
$
(15,420
)
72,830

$
(0.21
)
Effect of dilutive securities
 
 
 
 
 
 
Stock options
 
—

 
 
—

 
Non-vested restricted stock
 
—

 
 
—

 
Performance share awards
 
—

 
 
—

 
Diluted EPS
$
(203,116
)
86,632

$
(2.34
)
$
(15,420
)
72,830

$
(0.21
)
In periods of loss, shares that otherwise would have been included in diluted average common shares outstanding are excluded. The Company had 233,547 and 284,150 of excluded shares for the three months ended March 31, 2016 and 2015, respectively.

Energen had the following shares that were excluded from the computation of diluted EPS, as inclusion would be anti-dilutive:



Three months ended
March 31,
(in thousands)
2016
2015
Stock options
709

—

Performance share awards
114

—