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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computations of basic and diluted EPS
The computations of the numerator (income) and denominator (shares) to derive the basic and diluted EPS amounts presented on the face of the accompanying condensed consolidated statements of operations are as follows (in thousands): 
 
Three Months Ended
June 30, 2016
 
Three Months Ended
June 30, 2015
 
Income
 
Shares
 
Income
 
Shares
Basic:
 
 
 
 
 
 
 
Net loss
$
(10,671
)
 
 
 
$
(2,635
)
 
 
Less: Undistributed earnings allocated to participating securities

 
 
 

 
 
Undistributed loss allocated to common shares
$
(10,671
)
 
107,767

 
$
(2,635
)
 
105,357

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Undistributed loss allocated to common shares
$
(10,671
)
 
107,767

 
$
(2,635
)
 
105,357

Effect of dilutive securities:
 
 
 
 
 
 
 
Share-based awards other than participating securities

 

 

 

Undistributed earnings reallocated to participating securities

 

 

 

Net loss
$
(10,671
)
 
107,767

 
$
(2,635
)
 
105,357

 
Six Months Ended
June 30, 2016
 
Six Months Ended
June 30, 2015
 
Income
 
Shares
 
Income
 
Shares
Basic:
 
 
 
 
 
 
 
Net income (loss)
$
(38,494
)
 
 
 
$
17,007

 
 
Less undistributed earnings allocated to participating securities

 
 
 
(96
)
 
 
Undistributed earnings (loss) allocated to common shares
$
(38,494
)
 
106,838

 
$
16,911

 
105,324

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Undistributed earnings (loss) allocated to common shares
$
(38,494
)
 
106,838

 
$
16,911

 
105,324

Effect of dilutive securities:
 
 
 
 
 
 
 
Share-based awards other than participating securities

 

 

 

Undistributed earnings reallocated to participating securities

 

 

 

Net income (loss)
$
(38,494
)
 
106,838

 
$
16,911

 
105,324

Schedule of shares excluded from diluted per share calculation
Shares that otherwise would have been included in the diluted per share calculation assuming we had earnings are as follows (in thousands): 
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
 
 
 
Diluted shares (as reported)
107,767

 
106,838

Share-based awards
377

 
187

Total
108,144

 
107,025


 
In addition, the following potentially dilutive shares related to the 2032 Notes were excluded from the diluted EPS calculation because we have the right and the intention to settle any such future conversions in cash (Note 6) (in thousands): 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
2032 Notes
7,959

 
7,995

 
7,977

 
7,995