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SUMMARIZED QUARTERLY FINANCIAL INFORMATION - UNAUDITED (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Results of Operations by Quarter

The results of operations by quarter are as follows:

 

  2014 Quarter Ended  
  March 31   June 30   September 30   December 31  

Operating revenue

  $223,830      $207,046      $183,213      $184,780         

Income (loss) from operations

  48,552      16,613      (34,356 ) (a)    (286,147) (b)   

Net income (loss)

  25,943      4,444      (29,415 ) (a)    (190,515) (b)   

Basic earnings (loss) per share

  $0.52      $0.08      ($0.54   ($3.47)       

Diluted earnings (loss) per share

  $0.52      $0.08      ($0.54   ($3.47)       

 

  2013 Quarter Ended  
  March 31   June 30   September 30   December 31  

Operating revenue

  $233,732      $245,877      $256,685      $239,253        

Income from operations

  72,828      69,525      62,422      37,206 (c)   

Net income

  40,758      39,022      36,102      1,752 (c)  (d) 

Basic earnings per share

  $0.82      $0.78      $0.72      $0.04        

Diluted earnings per share

  $0.82      $0.78      $0.72      $0.04        

 

  (a)

Includes a write-down of oil and gas properties of $47,130 before income tax effect ($30,163 net of income tax effect).

  (b)

Includes a write-down of oil and gas properties of $304,062 before income tax effect ($194,600 net of income tax effect).

  (c)

Includes franchise tax settlement of $12,590 before income tax effect ($8,058 net of income tax effect).

  (d)

Includes loss on early extinguishment of debt of $27,279 before income tax effect ($17,459 net of income tax effect).