Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.3.1.900
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings Per Common Share

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

 

 

Year Ended December 31,

 

 

2015

 

 

2014

 

 

2013

 

Net income (loss)

$

(1,044,718

)

 

$

(11,661

)

 

$

51,322

 

Less portion allocated to nonvested shares

 

—

 

 

 

269

 

 

 

303

 

Net income (loss) allocated to common shares

$

(1,044,718

)

 

$

(11,930

)

 

$

51,019

 

Weighted average common shares outstanding

 

75,931

 

 

 

75,609

 

 

 

75,239

 

Basic and diluted earnings (loss) per common share

$

(13.76

)

 

$

(0.16

)

 

$

0.68

 

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

 

2,195

 

 

 

2,097

 

 

 

—