Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Reconciliation of Numerators and Denominators of Basic and Diluted Per-Share Computations

A reconciliation of the numerators and the denominators of the basic and diluted per-share computations follows:

	Year Ended December 31,
	2015			2014		2013
	(In thousands, except per share data)
Net (loss) income – basic and diluted (numerator):	$	(274,285	)	$	387,011	$	548,686
Weighted-average shares – basic (denominator):		137,157			137,473		139,035
Dilutive effect of stock-based awards		—			50		29
Weighted-average shares including conversions – diluted (denominator):		137,157			137,523		139,064
(Loss) earnings per share:
Basic	$	(2.00	)	$	2.82	$	3.95
Diluted	$	(2.00	)	$	2.81	$	3.95

Securities Excluded from Computation of Diluted Earning Per Share

The following table sets forth the share effects of stock-based awards excluded from our computations of diluted earnings per share, or EPS, as the inclusion of such potentially dilutive shares would have been antidilutive for the periods presented:

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
Employee and director:
Stock options		26		37		18
SARs		1,553		1,488		956
RSUs		278		—		—