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Earnings Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
A reconciliation between the basic and diluted earnings per share computations (in thousands, except per share amounts) is as follows:
For the Three Months Ended March 31, 2016
Loss
(Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(39,137
)
 
67,824

 
$
(0.58
)
Stock options

 

 
 
Attributable to participating securities

 

 
 
DILUTED EPS
$
(39,137
)
 
67,824

 
$
(0.58
)
 
 
 
 
 
 
For the Three Months Ended March 31, 2015
Loss (Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(122,240
)
 
64,774

 
$
(1.89
)
Stock options

 

 
 
Attributable to participating securities

 

 
 
DILUTED EPS
$
(122,240
)
 
64,774

 
$
(1.89
)


An aggregate of 2.6 million and 0.5 million shares of common stock representing options to purchase common stock and unvested shares of restricted common stock and common shares issuable upon the assumed conversion of the Series B preferred stock totaling 5.1 million shares were not included in the computation of diluted earnings per share for the three month periods ended March 31, 2016 and 2015, respectively, because the inclusion would have been anti-dilutive as a result of the net loss reported for such periods.