| Calculation of Basic and Diluted Net Income (Loss) per Share |
The following table presents information necessary to calculate net income (loss) per share for the years ended December 31, 2015, 2014 and 2013, as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):
|
|
|
2015 |
|
|
2014 |
|
|
2013 |
|
|
BASIC EPS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
|
$ |
(294,486 |
) |
|
$ |
162,664 |
|
|
$ |
188,009 |
|
|
Adjust for (income) loss attributed to holders of non-vested restricted stock |
|
|
3,022 |
|
|
|
(1,663 |
) |
|
|
(1,859 |
) |
|
Income (loss) attributed to common stockholders |
|
$ |
(291,464 |
) |
|
$ |
161,001 |
|
|
$ |
186,150 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock |
|
|
145,416 |
|
|
|
144,066 |
|
|
|
144,356 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic net income (loss) per common share |
|
$ |
(2.00 |
) |
|
$ |
1.12 |
|
|
$ |
1.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DILUTED EPS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) attributed to common stockholders |
|
$ |
(291,464 |
) |
|
$ |
161,001 |
|
|
$ |
186,150 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock |
|
|
145,416 |
|
|
|
144,066 |
|
|
|
144,356 |
|
|
Add dilutive effect of potential common shares |
|
|
— |
|
|
|
1,310 |
|
|
|
947 |
|
|
Weighted average number of diluted common shares outstanding |
|
|
145,416 |
|
|
|
145,376 |
|
|
|
145,303 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net income (loss) per common share |
|
$ |
(2.00 |
) |
|
$ |
1.11 |
|
|
$ |
1.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Potentially dilutive securities excluded as anti-dilutive |
|
|
7,781 |
|
|
|
1,088 |
|
|
|
2,447 |
|
|