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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Weighted Average Shares Outstanding Earnings Per Share
The following table sets forth the calculation of basic and diluted weighted average shares outstanding and earnings per share for the indicated periods:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands, except per share data)
Income (numerator):
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Net loss
$
(89,635
)
 
$
(291,965
)
 
$
(474,180
)
 
$
(772,259
)
Net income attributable to participating securities

 

 

 

Net loss attributable to common stock - basic
$
(89,635
)
 
$
(291,965
)
 
$
(474,180
)
 
$
(772,259
)
Diluted:
 
 
 
 
 
 
 
Net loss
$
(89,635
)
 
$
(291,965
)
 
$
(474,180
)
 
$
(772,259
)
Net income attributable to participating securities

 

 

 

Net loss attributable to common stock - diluted
$
(89,635
)
 
$
(291,965
)
 
$
(474,180
)
 
$
(772,259
)
Weighted average shares (denominator):
 
 
 
 
 
 
 
Weighted average shares - basic
5,600

 
5,528

 
5,585

 
5,523

Dilutive effect of stock options

 

 

 

Dilutive effect of convertible notes

 

 

 

Weighted average shares - diluted
5,600

 
5,528

 
5,585

 
5,523

Basic loss per share
$
(16.01
)
 
$
(52.82
)
 
$
(84.90
)
 
$
(139.83
)
Diluted loss per share
$
(16.01
)
 
$
(52.82
)
 
$
(84.90
)
 
$
(139.83
)