XML 44 R24.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Reconciliations of basic and diluted distributed and undistributed earnings (loss) per common share
The following are reconciliations of the numerators and denominators used to compute the Company’s basic and diluted earnings per common share as reported for the years ended December 31, 2015, 2014 and 2013 (in thousands, except per share data).
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Net (loss) income attributable to Matador Resources Company shareholders — numerator
 
$
(679,785
)
 
$
110,771

 
$
45,094

 
 
 
 
 
 
 
Weighted average common shares outstanding — denominator
 
 
 
 
 
 
Basic
 
81,537

 
70,229

 
58,777

Dilutive effect of options, restricted stock units and preferred shares
 

 
677

 
152

Diluted weighted average common shares outstanding
 
81,537

 
70,906

 
58,929

 
 
 
 
 
 
 
Earnings (loss) per common share attributable to
Matador Resources Company shareholders
 
 
 
 
 
 
Basic
 
$
(8.34
)
 
$
1.58

 
$
0.77

Diluted
 
$
(8.34
)
 
$
1.56

 
$
0.77