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Reconciliation of Earnings Per Share (EPS)
 6 Months Ended
Jun. 30, 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)
June 30, 2016
June 30, 2015
 
Net
 
Per Share
Net
 
Per Share
 
Income
Shares
Amount
Loss
Shares
Amount
Basic EPS
$
36,759

97,067

$
0.38

$
(111,601
)
73,452

$
(1.52
)
Effect of dilutive securities
 
 
 
 
 
 
Stock options
 
11

 
 
—

 
Non-vested restricted stock
 
184

 
 
—

 
Performance share awards
 
127

 
 
—

 
Diluted EPS
$
36,759

97,389

$
0.38

$
(111,601
)
73,452

$
(1.52
)
 
Six months ended
Six months ended
(in thousands, except per share amounts)
June 30, 2016
June 30, 2015
 
Net
 
Per Share
Net
 
Per Share
 
Loss
Shares
Amount
Loss
Shares
Amount
Basic EPS
$
(166,357
)
91,850

$
(1.81
)
$
(127,021
)
73,143

$
(1.74
)
Effect of dilutive securities
 
 
 
 
 
 
Stock options
 
—

 
 
—

 
Non-vested restricted stock
 
—

 
 
—

 
Performance share awards
 
—

 
 
—

 
Diluted EPS
$
(166,357
)
91,850

$
(1.81
)
$
(127,021
)
73,143

$
(1.74
)


In periods of loss, shares that otherwise would have been included in diluted average common shares outstanding are excluded. The Company had 247,066 of excluded shares for the six months ended June 30, 2016. The Company had 351,130 and 312,964 of excluded shares for the three months and six months ended June 30, 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
June 30,
Six months ended
June 30,
(in thousands)
2016
2015
2016
2015
Stock options
539

6

709

6

Non-vested restricted stock
3

—

43

—

Performance share awards
—

120

—

120