XML 45 R26.htm IDEA: XBRL DOCUMENT v3.6.0.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
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, 2016, 2015 and 2014 (in thousands, except per share data).
 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Net (loss) income attributable to Matador Resources Company shareholders — numerator
 
$
(97,421
)
 
$
(679,785
)
 
$
110,771

 
 
 
 
 
 
 
Weighted average common shares outstanding — denominator
 
 
 
 
 
 
Basic
 
91,273

 
81,537

 
70,229

Dilutive effect of options, restricted stock units and preferred shares
 
—

 
—

 
677

Diluted weighted average common shares outstanding
 
91,273

 
81,537

 
70,906

Earnings (loss) per common share attributable to
Matador Resources Company shareholders
 
 
 
 
 
 
Basic
 
$
(1.07
)
 
$
(8.34
)
 
$
1.58

Diluted
 
$
(1.07
)
 
$
(8.34
)
 
$
1.56