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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2016
Computation of Earnings Per Share

The reconciliation of basic and diluted earnings per share for the years ended December 31, 2016, 2015 and 2014 is as follows:

 

     2016     2015     2014  
     Weighted-
Average
Shares
Out-
standing		      Per
Share		     Weighted-
Average
Shares
Out-
standing		      Per
Share		     Weighted-
Average
Shares
Out-
standing		      Per
Share		  
     (In thousands, except per share data)  

Basic earnings per share

      84,146      $ (0.68 )      83,982      $ 3.01       83,785      $ 2.98  

Potential dilutive effect of restricted stock1

      —          —         167        (0.01 )      186        (0.01 ) 
  

 

 

     

 

 

    

 

 

     

 

 

    

 

 

     

 

 

  

Diluted earnings per share

      84,146      $ (0.68 )      84,149      $ 3.00       83,971      $ 2.97  
  

 

 

     

 

 

    

 

 

     

 

 

    

 

 

     

 

 

  

 

1. For calculating dilutive earning(loss) per share during the year ended December 31, 2016, potential dilutive effect of restricted stock of 103 units are not considered as they are antidilutive in view of current year loss.