Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings per Share [Abstract]

Calculation of earnings (loss) per share

The following table reconciles the numerators and denominators used to calculate basic and diluted EPS.

	Three months ended March 31,
	2015		2014
	(In thousands, except per share data)
Basic earnings per share:
Net income	$	133,076	$	59,982
Weighted average common shares outstanding		339,107		338,213
Basic income per share	$	0.39	$	0.18
Diluted earnings per share:
Net income	$	133,076	$	59,982
Interest expense, net of tax:
2% Convertible Senior Notes due 2020		3,049		3,049
5% Convertible Senior Notes due 2017		4,692		-
9% Convertible Junior Subordinated Debentures due 2063		8,765		-
Diluted income available to common shareholders	$	149,582	$	63,031
Weighted average shares - basic		339,107		338,213
Effect of dilutive securities:
Unvested restricted stock units		2,569		3,025
2% Convertible Senior Notes due 2020		71,942		71,942
5% Convertible Senior Notes due 2017		25,670		-
9% Convertible Junior Subordinated Debentures due 2063		28,853		-
Weighted average shares - diluted		468,141		413,180
Diluted income per share	$	0.32	$	0.15
Antidilutive securities (in millions)		-		54.5