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Basis of Consolidation and Presentation (Tables)
6 Months Ended
Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Calculation of Basic and Diluted Net Loss per Share

The following table presents information necessary to calculate net loss per share for the three and six months ended June 30, 2017 and 2016 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

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(92,184

)

 

$

(85,866

)

 

$

(155,723

)

 

$

(156,369

)

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

 

 

 

 

846

 

 

 

 

 

 

1,526

 

Loss attributed to other common stockholders

$

(92,184

)

 

$

(85,020

)

 

$

(155,723

)

 

$

(154,843

)

Weighted average number of common shares outstanding, excluding

   non-vested shares of restricted stock

 

201,204

 

 

 

145,944

 

 

 

180,747

 

 

 

145,857

 

Basic net loss per common share

$

(0.46

)

 

$

(0.58

)

 

$

(0.86

)

 

$

(1.06

)

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss attributed to other common stockholders

$

(92,184

)

 

$

(85,020

)

 

$

(155,723

)

 

$

(154,843

)

Weighted average number of common shares outstanding, excluding

   non-vested shares of restricted stock

 

201,204

 

 

 

145,944

 

 

 

180,747

 

 

 

145,857

 

Add dilutive effect of potential common shares

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of diluted common shares outstanding

 

201,204

 

 

 

145,944

 

 

 

180,747

 

 

 

145,857

 

Diluted net loss per common share

$

(0.46

)

 

$

(0.58

)

 

$

(0.86

)

 

$

(1.06

)

Potentially dilutive securities excluded as anti-dilutive

 

9,475

 

 

 

9,370

 

 

 

9,475

 

 

 

9,370