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(Loss) Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of (Loss) Earnings per Share

(Loss) earnings per share is computed as follows (in thousands, except per share data):

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

Net

Loss

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Loss

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Loss

 

 

Shares

 

 

Per

Share

Amount

 

Basic (loss) earnings per share

 

$

(175,850

)

 

 

85,745

 

 

$

(2.05

)

 

$

17,768

 

 

 

85,226

 

 

$

0.21

 

 

$

(236,979

)

 

 

85,560

 

 

$

(2.77

)

 

$

(66,281

)

 

 

84,533

 

 

$

(0.78

)

Effect of dilutive incentive-based awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

132

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) earnings per share

 

$

(175,850

)

 

 

85,745

 

 

$

(2.05

)

 

$

17,768

 

 

 

85,358

 

 

$

0.21

 

 

$

(236,979

)

 

 

85,560

 

 

$

(2.77

)

 

$

(66,281

)

 

 

84,533

 

 

$

(0.78

)