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Capital Stock
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Capital Stock

(11) CAPITAL STOCK

We have authorized capital stock of 485.0 million shares which includes 475.0 million shares of common stock and 10.0 million shares of preferred stock. We currently have no preferred stock issued or outstanding. The following is a schedule of changes in the number of common shares outstanding since the beginning of 2016:

 

 

 

Three Months
Ended
March 31,
2017

 

 

Year
Ended
December 31,
2016

 

Beginning balance

 

 

247,144,356

 

 

 

169,316,460

 

MRD Merger

 

 

 

 

 

77,042,749

 

Restricted stock grants

 

 

66,078

 

 

 

490,609

 

Restricted stock units vested

 

 

302,383

 

 

 

266,541

 

PSU-TSR units settled

 

 

19,960

 

 

 

 

Shares retired

 

 

 

 

 

(739

)

Treasury shares issued

 

 

4,000

 

 

 

28,736

 

Ending balance

 

 

247,536,777

 

 

 

247,144,356