Basis of Presentation and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Components of Inventories

The components of inventory as of March 31, 2020 and December 31, 2019 consisted of the following:

In thousands	March 31, 2020		December 31, 2019
Tubular goods and equipment	$	15,853	$	14,880
Crude oil	46,747		94,656
Total	$	62,600	$	109,536

Calculation of Basic and Diluted Weighted Average Shares and Net Income Per Share

The

following table presents the calculation of basic and diluted weighted average shares outstanding and net income (loss) per share attributable to the Company for the three months ended March 31, 2020 and 2019.

	Three months ended March 31,
In thousands, except per share data	2020			2019
Net income (loss) attributable to Continental Resources (numerator)	$	(185,664	)	$	186,976
Weighted average shares (denominator):
Weighted average shares - basic	365,403			372,563
Non-vested restricted stock (1)	—			1,911
Weighted average shares - diluted	365,403			374,474
Net income (loss) per share attributable to Continental Resources:
Basic	$	(0.51	)	$	0.50
Diluted	$	(0.51	)	$	0.50