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Capital Stock (Tables)
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Capital Stock

The following is a schedule of changes in the number of common shares outstanding since the beginning of 2014:

 

 

Year Ended December 31,

 

 

2016

 

 

2015

 

 

2014

 

 

Beginning balance

 

169,316,460

 

 

 

168,628,177

 

 

 

163,342,894

 

MRD Merger

 

77,042,749

 

 

 

—

 

 

 

—

 

Equity offering

 

—

 

 

 

—

 

 

 

4,560,000

 

Stock options/SARs exercised

 

—

 

 

 

77,002

 

 

 

195,242

 

Restricted stock grants

 

490,609

 

 

 

335,103

 

 

 

270,062

 

Restricted stock units vested

 

266,541

 

 

 

252,507

 

 

 

244,413

 

Shares retired

 

(739

)

 

 

—

 

 

 

—

 

Treasury shares

 

28,736

 

 

 

23,671

 

 

 

15,566

 

Ending balance

 

247,144,356

 

 

 

169,316,460

 

 

 

168,628,177