XML 47 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS PER SHARE ("EPS") (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Numerator and Denominator Used in Computing Basic and Diluted Per-share Computations
The following table reconciles the numerator and denominator used in computing our basic and diluted per-share computations for net income available to common stockholders for the three and six months ended June 30, 2017 and 2016:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
91,372

 
$
(810
)
 
$
285,307

 
$
25,483

Net income attributable to noncontrolling interests
(9
)
 
(9
)
 
(14
)
 
(12
)
Redeemable preferred stock dividends
(72
)
 

 
(103
)
 

Numerator for basic and diluted net income (loss) from continuing operations available to common stockholders
91,291

 
(819
)
 
285,190

 
25,471

Net income from discontinued operations

 
1,668

 

 
2,358

Numerator for basic and diluted net income available to common stockholders
$
91,291

 
$
849

 
$
285,190

 
$
27,829

Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
78,871

 
96,683

 
81,445

 
97,173

Effect of dilutive securities—contingently issuable shares and stock options

 

 

 

Diluted weighted average shares and common stock equivalents outstanding
78,871

 
96,683

 
81,445

 
97,173

Basic and diluted net income (loss) available to common stockholders per share:
 
 
 
 
 
 
 
Continuing operations
$
1.16

 
$
(0.01
)
 
$
3.50

 
$
0.26

Discontinued operations
$

 
$
0.02

 
$

 
$
0.02

Net income
$
1.16

 
$
0.01

 
$
3.50

 
$
0.29