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Earnings Per Share
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of unaudited basic and diluted earnings (loss) per share (in thousands, except share data):
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2016
 
2015
 
2016
 
2015
 
 
(Unaudited)
 
(Unaudited)
Numerator (both basic and diluted):
 
 

 
 
 
 

 
 
Net loss
 
$
(89,883
)
 
$
(48,295
)
 
$
(173,222
)
 
$
(80,919
)
Denominator:
 
 
 
 
 
 
 
 
  Denominator for basic loss per share
 
42,602,128

 
40,167,876

 
41,869,855

 
40,360,194

Denominator for diluted loss per share
 
42,602,128

 
40,167,876

 
41,869,855

 
40,360,194

Basic loss per common share:
 
$
(2.11
)
 
$
(1.20
)
 
$
(4.14
)
 
$
(2.00
)
Diluted loss per common share:
 
$
(2.11
)
 
$
(1.20
)
 
$
(4.14
)
 
$
(2.00
)

 
Unvested restricted stock shares of approximately 803,240 and 781,526 were excluded from the computation of diluted loss per share for the three month and six months ended June 30, 2016, respectively, and stock options and unvested restricted stock of 494,670 and 650,972 were excluded in the computation of diluted loss per share for the three and six months ended June 30, 2015, respectively, as the effect would have been anti-dilutive.