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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculation of basic and diluted EPS is presented below (in thousands, except for per share data):
 
2016
 
2015
 
2014
EPS numerator:
 
 
 
 
 
Income (loss) from continuing operations, as reported
$
87,040

 
$
(315,337
)
 
$
476,619

Less: Dividends distributed to Warrants
161

 
325

 

Less: Undistributed earnings allocated to Warrants

 

 
16,063

Income (loss) from continuing operations attributable to common shareholders for basic EPS
$
86,879

 
$
(315,662
)
 
$
460,556

Add: Undistributed earnings allocated to dilutive securities

 

 
38

Income (loss) from continuing operations attributable to common shareholders for diluted EPS
$
86,879

 
$
(315,662
)
 
$
460,594

 
 
 
 
 
 
(Loss) income from discontinued operations, as reported
$
(72,794
)
 
$
(4,581
)
 
$
44

Less: Undistributed earnings allocated to Warrants

 

 
1

(Loss) income from discontinued operations attributable to common shareholders for basic and diluted EPS
$
(72,794
)
 
$
(4,581
)
 
$
43

 
 
 
 
 
 
Net income (loss) attributable to common shareholders for basic EPS
$
14,085

 
$
(320,243
)
 
$
460,599


 
 
 
 
 
Net income (loss) attributable to common shareholders for diluted EPS
$
14,085

 
$
(320,243
)
 
$
460,637

 
 
 
 
 
 
EPS denominator:
 
 
 
 
 
Weighted average shares outstanding - basic
90,244

 
94,686

 
96,689

Impact of dilutive securities
392

 

 
234

Weighted average shares outstanding - diluted
90,636

 
94,686

 
96,923

 
 
 
 
 
 
Basic Earnings (Loss) Per Common Share from:
 
 
 
 
 
Continuing Operations
$
0.96

 
$
(3.33
)
 
$
4.76

Discontinued Operations
(0.80
)
 
(0.05
)
 

Net Earnings (Loss) Per Common Share
$
0.16


$
(3.38
)
 
$
4.76

 
 
 
 
 
 
Diluted Earnings (Loss) Per Common Share from:
 
 
 
 
 
Continuing Operations
$
0.96

 
$
(3.33
)
 
$
4.75

Discontinued Operations
(0.80
)
 
(0.05
)
 

Net Earnings (Loss) Per Common Share
$
0.16

 
$
(3.38
)
 
$
4.75