Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table summarizes quarterly financial data for the years ended December 31, 2015 and 2014:

	2015
	First Quarter		Second Quarter			Third Quarter			Fourth Quarter
	(In thousands)
Revenues	$	176,317	$	112,270		$	230,569		$	190,319
Income (loss) from operations	28,773		(21,644		)	(529,076		)	(812,282		)
Income tax expense (benefit)	14,479		(17,214		)	(216,603		)	(36,663		)
Net income (loss)	25,519		(31,325		)	(388,209		)	(830,869		)
Income (loss) per share:
Basic	$	0.30	$	(0.32	)	$	(3.59	)	$	(7.67	)
Diluted	$	0.30	$	(0.32	)	$	(3.59	)	$	(7.67	)
	2014
	First Quarter		Second Quarter			Third Quarter			Fourth Quarter
	(In thousands)
Revenues	$	118,029	$	114,736		$	170,804		$	267,697
Income from operations	25,109		18,110			53,454			129,458
Income tax expense	49,247		31,461			4,876			67,757
Net income	82,558		47,852			6,920			110,073
Income per share:
Basic	$	0.97	$	0.56		$	0.08		$	1.29
Diluted	$	0.96	$	0.56		$	0.08		$	1.28