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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted By Common Class
The calculation of basic and diluted EPS is presented below (in thousands, except for per share data):
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2016
 
September 30, 2015
 
September 30, 2016
 
September 30, 2015
EPS numerator:
 
 
 
 
 
 
 
Net income (loss), as reported
$
145,765

 
$
27,858

 
$
(4,705
)
 
$
61,010

Less: Dividends distributed to Warrants
40

 
77

 
127

 
249

Less: Undistributed earnings allocated to Warrants
218

 
91

 

 
679

Net income (loss) attributable to common shareholders for basic EPS
$
145,507

 
$
27,690

 
$
(4,832
)
 
$
60,082

Add: Undistributed earnings allocated to dilutive securities
1

 

 

 
2

Net income (loss) attributable to common shareholders for diluted EPS
$
145,508

 
$
27,690

 
$
(4,832
)
 
$
60,084

 
 
 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
89,950

 
94,437

 
91,367

 
95,060

Impact of dilutive securities
503

 
75

 

 
214

Weighted average shares outstanding - diluted
90,453

 
94,512

 
91,367

 
95,274

 
 
 
 
 
 
 
 
Net income (loss) per share attributable to common shareholders:
 
 
 
 
 
 
 
Basic
$
1.62

 
$
0.29

 
$
(0.05
)
 
$
0.63

Diluted
$
1.61

 
$
0.29

 
$
(0.05
)
 
$
0.63