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Earnings (Loss) Per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is based on the weighted average number of common shares issued and outstanding during each period. Diluted earnings (loss) per share is based on the weighted average number of common shares issued and outstanding and the effect of all dilutive common stock equivalents outstanding during each period. Stock option conversions and stock units were not included in the computation of diluted loss per share for the years ended December 31, 2015 and 2014 as we incurred a loss for each of these periods and any effect on loss per share would have been anti-dilutive. The following table reconciles the numerators and denominators used in the computations of both basic and diluted earnings (loss) per share:
 
Year Ended December 31
 
2015
 
2014
 
2013
 
(In thousands, except share data)
Basic earnings (loss) per share computation:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income (loss) from continuing operations
$
(8,081
)
 
$
(20,187
)
 
$
325,359

Denominator:
 
 
 
 
 
Average common shares
93,298,467

 
93,916,656

 
93,785,611

Basic earnings (loss) per share from continuing operations
$
(0.09
)
 
$
(0.22
)
 
$
3.47

Diluted earnings (loss) per share computation:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income (loss) from continuing operations
$
(8,081
)
 
$
(20,187
)
 
$
325,359

Denominator:
 
 
 
 
 
Average common shares — basic
93,298,467

 
93,916,656

 
93,785,611

Stock option conversion(1)
—

 
—

 
670,485

Stock units(2)
—

 
—

 
340,140

Average common shares — diluted
93,298,467

 
93,916,656

 
94,796,236

Diluted earnings (loss) per share from continuing operations
$
(0.09
)
 
$
(0.22
)
 
$
3.43

(1) Anti-dilutive options excluded
2,933,770

 
3,840,637

 
3,554,064

(2) Anti-dilutive stock units excluded
340,398

 
312,971

 
7,071