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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share
Information related to the calculation of earnings per share follows:
 
 
Income (Loss)
(Numerator)
 
Weighted
Shares
(Denominator)
 
Per-Share
Amount
 
 
(In thousands except per share amounts)
For the three months ended March 31, 2015
 
 
 
 
 
 
Basic earnings (loss) per common share
 
$
(248,354
)
 
48,977

 
$
(5.07
)
Effect of dilutive stock options, restricted stock, and stock appreciation rights (SARs)
 

 

 

Diluted earnings (loss) per common share
 
$
(248,354
)
 
48,977

 
$
(5.07
)
For the three months ended March 31, 2014
 
 
 
 
 
 
Basic earnings per common share
 
$
56,945

 
48,493

 
$
1.17

Effect of dilutive stock options, restricted stock, and SARs
 

 
379

 

Diluted earnings per common share
 
$
56,945

 
48,872

 
$
1.17

Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share
The following table shows the number of stock options and SARs (and their average exercise price) excluded because their option exercise prices were greater than the average market price of our common stock:
 
 
Three Months Ended
 
 
March 31,
 
 
2015
 
2014
Stock options and SARs
 
291,770

 
73,500

Average exercise price
 
$
50.22

 
$
64.43