Reconciliation of Earnings Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share

RECONCILIATION OF EARNINGS PER SHARE

Years ended December 31,
(in thousands, except per share amounts)				2015						2014					2013
	Net Loss			Shares	Per Share Amount			Net Income		Shares	Per Share Amount		Net Income		Shares	Per Share Amount
Basic EPS	$	(945,731	)	76,078	$	(12.43	)	$	568,032	72,897	$	7.79	$	204,554	72,318	$	2.83
Effect of dilutive securities
Stock options				—						216					112
Non-vested restricted stock				—						58					20
Performance share awards				—						104					21
Diluted EPS	$	(945,731	)	76,078	$	(12.43	)	$	568,032	73,275	$	7.75	$	204,554	72,471	$	2.82

In periods of loss, shares that otherwise would have been included in diluted average commons shares outstanding are excluded. Energen had 355,915 of excluded shares for the year ended December 31, 2015.

Energen had the following shares that were excluded from the computation of diluted EPS, as inclusion would be anti-dilutive.

Years ended December 31, (in thousands)	2015	2014	2013
Stock options	114	114	134
Non-vested restricted stock	—	3	7
Performance share awards	—	2	4