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Earnings Per Share
 9 Months Ended
Sep. 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 loss per share:
 
Third Quarter
 
First Nine Months
(In thousands, except per share data)
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
Net loss - basic
$
(13,451
)
 
$
(4,471
)
 
$
(40,655
)
 
$
(7,732
)
Assumed conversions of Senior Notes
—

 
—

 
—

 
—

Adjusted net loss - diluted
$
(13,451
)
 
$
(4,471
)
 
$
(40,655
)
 
$
(7,732
)
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
83,998

 
82,990

 
83,573

 
82,606

Dilutive effect of stock options and restricted stock awards
—

 
—

 
—

 
—

Dilutive effect of Senior Notes
—

 
—

 
—

 
—

Weighted-average common shares outstanding - diluted
83,998

 
82,990

 
83,573

 
82,606

 
 
 
 
 
 
 
 
Net loss per common share
 
 
 
 
 
 
 
Basic
$
(0.16
)
 
$
(0.05
)
 
$
(0.49
)
 
$
(0.09
)
Diluted
$
(0.16
)
 
$
(0.05
)
 
$
(0.49
)
 
$
(0.09
)
 
 
 
 
 
 
 
 
Stock options and restricted stock excluded from calculation of diluted earnings per share because anti-dilutive for the period
8,279

 
5,144

 
7,258

 
3,505


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.