Income (Loss) Per Share

12 Months Ended

Dec. 31, 2015

Notes to Financial Statements [Abstract]

NOTE O — INCOME (LOSS) PER SHARE

The following is a reconciliation of the common shares outstanding with the number of shares used in the computation of income (loss) per common and common equivalent share for each of the following periods:



	Year Ended December 31,
	2015	2014	2013
	(In Thousands)
Number of weighted average common shares outstanding	79,169	78,600	77,954
Assumed exercise of stock options	—	—	886
Average diluted shares outstanding	79,169	78,600	78,840

For the year ended December 31, 2015, the average diluted shares outstanding excludes the impact of all outstanding stock options, as the inclusion of these shares would have been antidilutive due to net loss recorded during the year. For the year ended December 31, 2014, the average diluted shares outstanding excludes the impact of all outstanding stock options, as the inclusion of these shares would have been antidilutive due to the net loss recorded during the year. For the year ended December 31, 2013, the average diluted shares outstanding excludes the impact of 2,061,534 of average outstanding stock options that have exercise prices in excess of the average market price, as the inclusion of these shares would have been antidilutive.