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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
EARNINGS PER SHARE  
Summary of information related to the entity's EPS calculations

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(In thousands, except per share amounts)

 

(In thousands, except per share amounts)

 

Basic EPS:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

45,615

 

$

7,433

 

$

(55,449

)

$

(92,233

)

Net income attributable to noncontrolling interests

 

 

(98

)

(12

)

(110

)

Net income (loss) attributable to common stockholders

 

$

45,615

 

$

7,335

 

$

(55,461

)

$

(92,343

)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

39,465

 

39,454

 

39,459

 

39,447

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

45,615

 

$

7,335

 

$

(55,461

)

$

(92,343

)

Less: Warrant liability gain

 

(24,690

)

 

 

 

Adjusted net income (loss) attributable to common stockholders

 

$

20,925

 

$

7,335

 

$

(55,461

)

$

(92,343

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

39,465

 

39,454

 

39,459

 

39,447

 

Restricted stock and stock options

 

405

 

253

 

 

 

Warrants

 

3,301

 

2,732

 

 

 

Weighted average diluted common shares outstanding

 

43,171

 

42,439

 

39,459

 

39,447

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

$

1.16

 

$

0.19

 

$

(1.41

)

$

(2.34

)

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

$

0.48

 

$

0.17

 

$

(1.41

)

$

(2.34

)