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Earnings (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings (Loss) per Share [Abstract]  
Calculation of earnings (loss) per share
The following includes a reconciliation of the weighted average number of shares; however for the three months ended March 31, 2014 and 2013 common stock equivalents of 54.5 million and 77.3 million, respectively, were not included because they were anti-dilutive.

 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2014
  
2013
 
 
 
(In thousands, except per share data)
 
 
 
  
 
Basic earnings per share:
 
  
 
 
 
  
 
Net income (loss)
 
$
59,982
  
$
(72,930
)
 
        
Weighted average common shares outstanding
  
338,213
   
232,348
 
Basic income (loss) per share
 
$
0.18
  
$
(0.31
)
 
        
Diluted earnings per share:
        
 
        
Net income (loss)
 
$
59,982
  
$
(72,930
)
 
        
Effect of dilutive securities:
        
2% Convertible Senior Notes
  
3,049
   
-
 
 
        
Net income (loss) plus assumed conversions
 
$
63,031
  
$
(72,930
)
 
        
Weighted-average shares - Basic
  
338,213
   
232,348
 
Common stock equivalents
  
74,967
   
-
 
 
        
Weighted-average shares - Diluted
  
413,180
   
232,348
 
Diluted income (loss) per share
 
$
0.15
  
$
(0.31
)