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Earnings Per Share
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table presents the reconciliation of the numerator and denominator for calculating earnings (loss) per share:
 
Second Quarter
 
First Half
(In thousands, except per share data)
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
Net loss - basic
$
(13,904
)
 
$
(4,254
)
 
$
(27,204
)
 
$
(3,261
)
Assumed conversions of Senior Notes
—

 
—

 
—

 
—

Adjusted net loss - diluted
$
(13,904
)
 
$
(4,254
)
 
$
(27,204
)
 
$
(3,261
)
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
83,457

 
82,529

 
83,358

 
82,414

Dilutive effect of stock options and restricted stock awards
—

 
—

 
—

 
—

Dilutive effect of Senior Notes
—

 
—

 
—

 
—

Weighted-average common shares outstanding - diluted
83,457

 
82,529

 
83,358

 
82,414

 
 
 
 
 
 
 
 
Net loss per common share
 
 
 
 
 
 
 
Basic
$
(0.17
)
 
$
(0.05
)
 
$
(0.33
)
 
$
(0.04
)
Diluted
$
(0.17
)
 
$
(0.05
)
 
$
(0.33
)
 
$
(0.04
)
 
 
 
 
 
 
 
 
Stock options and restricted stock excluded from calculation of diluted earnings per share because anti-dilutive for the period
7,220

 
2,911

 
6,742

 
2,685


For all periods presented, we excluded all potentially dilutive stock options and restricted stock as well as the assumed conversion of the Senior Notes in calculating diluted earnings per share as the effect was anti-dilutive due to the net losses incurred for these periods.