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INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
INCOME (LOSS) PER SHARE  
Schedule of reconciliation of the basic weighted average number of common shares and the computations for basic loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  June 30,

 

Six months ended June 30,

 

 

    

2016

    

2015

    

2016

    

2015

  

 

 

(amounts in thousands, except net income per share)

 

Net income (loss)

 

$

8,353

 

$

(14,116)

 

$

21,338

 

$

(8,095)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding:

 

 

298,237

 

 

300,530

 

 

298,239

 

 

300,364

 

Effect of employee stock-based awards

 

 

1,554

 

 

 —

 

 

992

 

 

 —

 

Diluted shares outstanding:

 

 

299,791

 

 

300,530

 

 

299,231

 

 

300,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share:

 

$

0.03

 

$

(0.05)

 

$

0.07

 

$

(0.03)

 

Diluted

 

$

0.03

 

$

(0.05)

 

$

0.07

 

$

(0.03)