Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.1.9
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings (loss) Per Common 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