Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.5.0.2
Loss Per Share
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Loss Per Share

9.  Loss Per Share

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

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Net loss

$

(120,922

)

 

$

(260,449

)

 

$

(311,431

)

 

$

(515,544

)

Weighted average common shares outstanding

 

76,457

 

 

 

75,910

 

 

 

76,443

 

 

 

75,884

 

Basic and diluted loss per common share

$

(1.58

)

 

$

(3.43

)

 

$

(4.07

)

 

$

(6.79

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

3,531

 

 

 

1,931

 

 

 

3,529

 

 

 

1,962