Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.1.9
Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

9.  Earnings Per Share

The following table presents the calculation of basic and diluted earnings (loss) per common share (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

March 31,

 

 

2015

 

 

2014

 

Net income (loss)

$

(255,095

)

 

$

11,189

 

Less portion allocated to nonvested shares

 

—

 

 

 

120

 

Net income (loss) allocated to common shares

$

(255,095

)

 

$

11,069

 

Weighted average common shares outstanding

 

75,857

 

 

 

75,556

 

Basic and diluted earnings (loss) per common share

$

(3.36

)

 

$

0.15

 

Shares excluded due to being anti-dilutive (weighted-average)

 

201

 

 

 

—