Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Computations of basic and diluted EPS

The computations of the numerator (income) and denominator (shares) to derive the basic and diluted EPS amounts presented on the face of the accompanying condensed consolidated statements of operations are as follows (in thousands): 

	Three Months Ended March 31, 2016				Three Months Ended March 31, 2015
	Income			Shares	Income			Shares
Basic:
Net income (loss)	$	(27,823	)		$	19,642
Less undistributed earnings allocated to participating securities	—				(114		)
Undistributed earnings allocated to common shares	$	(27,823	)	105,908	$	19,528		105,290
Diluted:
Undistributed earnings allocated to common shares	$	(27,823	)	105,908	$	19,528		105,290
Effect of dilutive securities:
Share-based awards other than participating securities	—			—	—			—
Undistributed earnings reallocated to participating securities	—			—	—			—
Net income (loss)	$	(27,823	)	105,908	$	19,528		105,290

Schedule of shares excluded from diluted per share calculation

Shares that otherwise would have been included in the diluted per share calculation assuming we had earnings for the three-month period ended March 31, 2016 are as follows (in thousands):

Diluted shares (as reported)	105,908
Share-based awards	7
Total	105,915