XML 25 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
Net Income (Loss) Per Share
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share [Text Block]
  Net Income (Loss) Per Share

The following table sets forth the computation of Net Income (Loss) Per Share for the three-month and nine-month periods ended September 30, 2015 and 2014 (in thousands, except per share data):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2015
 
2014
 
2015
 
2014
Numerator for Basic and Diluted Earnings Per Share -
 
 
 
 
 
 
 
Net Income (Loss)
$
(4,075,739
)
 
$
1,103,618

 
$
(4,240,219
)
 
$
2,470,899

Denominator for Basic Earnings Per Share -
 

 
 

 
 

 
 

Weighted Average Shares
545,920

 
543,984

 
545,466

 
543,086

Potential Dilutive Common Shares -
 

 
 

 
 

 
 

Stock Options/SARs
—

 
2,760

 
—

 
2,644

Restricted Stock/Units and Performance Units/Stock
—

 
2,774

 
—

 
2,671

Denominator for Diluted Earnings Per Share -
 

 
 

 
 

 
 

Adjusted Diluted Weighted Average Shares
545,920

 
549,518

 
545,466

 
548,401

Net Income (Loss) Per Share
 

 
 

 
 

 
 

Basic
$
(7.47
)
 
$
2.03

 
$
(7.77
)
 
$
4.55

Diluted
$
(7.47
)
 
$
2.01

 
$
(7.77
)
 
$
4.51



The diluted earnings per share calculation excludes stock options, SARs, restricted stock and units and performance units and stock that were anti-dilutive. Shares underlying the excluded stock options and SARs totaled 9.8 million and 0.2 million shares for the three months ended September 30, 2015 and 2014, respectively, and 10.0 million and 0.2 million shares for the nine months ended September 30, 2015 and 2014, respectively. For both the three months and nine months ended September 30, 2015, 5.4 million shares of restricted stock and restricted stock units and performance units and performance stock were excluded.