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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
EARNINGS PER SHARE  
Schedule of reconciliation of the numerators and denominators of the basic and diluted earnings per share

 

 

Predecessor Company

 

 

 

January 1, 2015

 

For The Three

 

For The Nine

 

 

 

to

 

Months Ended

 

Months Ended

 

 

 

January 31, 2015

 

September 30, 2014

 

September 30, 2014

 

 

 

(Dollars In Thousands, Except Per Share Amounts)

 

Calculation of basic earnings per share:

 

 

 

 

 

 

 

Net income

 

$

1,509 

 

$

118,909 

 

$

310,525 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares issued and outstanding

 

79,343,253 

 

79,095,917 

 

78,860,218 

 

Issuable under various deferred compensation plans

 

1,109,595 

 

1,135,674 

 

1,081,800 

 

 

 

 

 

 

 

 

 

Weighted shares outstanding - basic

 

80,452,848 

 

80,231,591 

 

79,942,018 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share:

 

 

 

 

 

 

 

Net income - basic

 

$

0.02 

 

$

1.48 

 

$

3.88 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Calculation of diluted earnings per share:

 

 

 

 

 

 

 

Net income

 

$

1,509 

 

$

118,909 

 

$

310,525 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted shares outstanding - basic

 

80,452,848 

 

80,231,591 

 

79,942,018 

 

Stock appreciation rights (“SARs”)

 

64,570 

 

72,223 

 

342,203 

 

Issuable under various other stock-based compensation plans

 

935,382 

 

869,320 

 

718,215 

 

Restricted stock units

 

306,487 

 

285,736 

 

258,813 

 

 

 

 

 

 

 

 

 

Weighted shares outstanding - diluted

 

81,759,287 

 

81,458,870 

 

81,261,249 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share:

 

 

 

 

 

 

 

Net income - diluted

 

$

0.02 

 

$

1.46 

 

$

3.82