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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended

 

For the six months ended

 

June 30,

 

June 30,

 

2012

 

2011

 

2012

 

2011

 

(Restated)

 

 

 

(Restated)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) (in thousands)

$

(405,132)

 

$

167,454 

 

$

(297,428)

 

$

304,063 

 

 

 

 

 

 

 

 

 

 

 

 

Number of common shares:

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding

 

348,162,723 

 

 

347,132,830 

 

 

348,081,399 

 

 

346,984,194 

Issued upon assumed exercise of outstanding stock options

 

–  

 

 

2,583,711 

 

 

–  

 

 

2,643,537 

Effect of issuance of nonvested restricted common stock

 

–  

 

 

254,278 

 

 

–  

 

 

212,313 

Weighted average and potential dilutive outstanding(1)

 

348,162,723 

 

 

349,970,819 

 

 

348,081,399 

 

 

349,840,044 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(1.16)

 

$

0.48 

 

$

(0.85)

 

$

0.88 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

$

(1.16)

 

$

0.48 

 

$

(0.85)

 

$

0.87