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Common Stock and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of shares of authorized and unissued common stock
At December 31, 2015, shares of EQT’s authorized and unissued common stock were reserved as follows:
 
(Thousands)
Possible future acquisitions
20,457

Stock compensation plans
13,394

Total
33,851

Schedule of earnings per share, basic and diluted
The computation of basic and diluted earnings per share of common stock attributable to EQT Corporation is shown in the table below:
 
 
Years Ended December 31,
 
 
2015
 
2014
 
2013
 
 
(Thousands except per share amounts)
Basic earnings per common share:
 
 

 
 

 
 

Net income attributable to EQT Corporation
 
$
85,171

 
$
386,965

 
$
390,572

Average common shares outstanding
 
152,398

 
151,553

 
150,574

Basic earnings per common share
 
$
0.56

 
$
2.55

 
$
2.59

Diluted earnings per common share:
 
 

 
 

 
 

Net income attributable to EQT Corporation
 
$
85,171

 
$
386,965

 
$
390,572

Average common shares outstanding
 
152,398

 
151,553

 
150,574

Potentially dilutive securities:
 
 

 
 

 
 

Stock options and awards (a)
 
541

 
960

 
1,213

Total
 
152,939

 
152,513

 
151,787

Diluted earnings per common share
 
$
0.56

 
$
2.54

 
$
2.57

 
(a)         Options to purchase common stock which were excluded from potentially dilutive securities because they were anti-dilutive totaled 291,700 shares for the year ended December 31, 2015. There were no options to purchase common stock which were excluded from potentially dilutive securities because they were anti-dilutive for the years ended December 31, 2014 and 2013.