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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Information related to the calculation of earnings per share attributable to Unit Corporation follows:
 
 
Earnings
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
 
(In thousands except per share amounts)
For the three months ended September 30, 2018
 
 
 
 
 
 
Basic earnings attributable to Unit Corporation per common share
 
$
18,899

 
52,068

 
$
0.36

Effect of dilutive stock options and restricted stock
 
—

 
1,072

 
—

Diluted earnings attributable to Unit Corporation per common share
 
$
18,899

 
53,140

 
$
0.36

For the three months ended September 30, 2017
 
 
 
 
 
 
Basic earnings attributable to Unit Corporation per common share
 
$
3,705

 
51,386

 
$
0.07

Effect of dilutive stock options, restricted stock, and stock appreciation rights (SARs)
 
—

 
586

 
—

Diluted earnings attributable to Unit Corporation per common share
 
$
3,705

 
51,972

 
$
0.07

 
 
Earnings (Loss)
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
 
(In thousands except per share amounts)
For the nine months ended September 30, 2018
 
 
 
 
 
 
Basic earnings attributable to Unit Corporation per common share
 
$
32,552

 
51,951

 
$
0.63

Effect of dilutive stock options and restricted stock
 
—

 
808

 
(0.01
)
Diluted earnings attributable to Unit Corporation per common share
 
$
32,552

 
52,759

 
$
0.62

For the nine months ended September 30, 2017
 
 
 
 
 
 
Basic earnings attributable to Unit Corporation per common share
 
$
28,693

 
51,019

 
$
0.56

Effect of dilutive stock options, restricted stock, and SARs
 
—

 
550

 
—

Diluted earnings attributable to Unit Corporation per common share
 
$
28,693

 
51,569

 
$
0.56
Schedule of Antidilutive Securities Excluded From Computation of Earnings Per Share
The following table shows the number of stock options and SARs (and their average exercise price) excluded because their option exercise prices were greater than the average market price of our common stock:
 
 
Three Months Ended
 
 
September 30,
 
 
2018
 
2017
Stock options and SARs
 
66,500

 
178,755

Average exercise price
 
$
44.42

 
$
47.75

The following table shows the number of stock options and SARs (and their average exercise price) excluded because their option exercise prices were greater than the average market price of our common stock:
 
 
Nine Months Ended
 
 
September 30,
 
 
2018
 
2017
Stock options and SARs
 
66,500

 
178,755

Average exercise price
 
$
44.42

 
$
47.75