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Basis of Consolidation and Presentation (Tables)
3 Months Ended
Mar. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Calculation of Basic and Diluted Net Income (Loss) per Share

The following table presents information necessary to calculate net income (loss) per share for the three months March 31, 2016 and 2015 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

March 31,

 

 

2016

 

 

2015

 

BASIC EPS:

 

 

 

 

 

 

 

Net income (loss)

$

(70,503

)

 

$

9,125

 

Adjust for (income) loss attributed to holders of non-vested restricted stock

 

681

 

 

 

(86

)

Income attributed to common stockholders

$

(69,822

)

 

$

9,039

 

Weighted average number of common shares outstanding, excluding non-vested

   shares of restricted stock

 

145,770

 

 

 

144,983

 

Basic net income (loss) per common share

$

(0.48

)

 

$

0.06

 

DILUTED EPS:

 

 

 

 

 

 

 

Income (loss) attributed to common stockholders

$

(69,822

)

 

$

9,039

 

Weighted average number of common shares outstanding, excluding non-vested

   shares of restricted stock

 

145,770

 

 

 

144,983

 

Add dilutive effect of potential common shares

-

 

 

 

762

 

Weighted average number of diluted common shares outstanding

 

145,770

 

 

 

145,745

 

Diluted net income (loss) per common share

$

(0.48

)

 

$

0.06

 

Potentially dilutive securities excluded as anti-dilutive

 

7,740

 

 

 

5,569