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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators Used in Computations of Both Basic and Diluted Earnings Per Share
he following table reconciles the numerators and denominators used in the computations of both basic and diluted EPS:
 
Three Months Ended March 31
 
2017
 
2016
 
(In thousands, except share data)
Basic earnings (loss) per share computation:
 
Numerator:
 
Income (loss)
$
(9,759
)
 
$
39,201

Denominator:
 
 
 
Average common shares
90,709,802

 
91,567,119

Basic earnings (loss) per share
$
(0.11
)
 
$
0.43

Diluted earnings (loss) per share computation:
 
Numerator:
 
Income (loss)
$
(9,759
)
 
$
39,201

Denominator:
 
 
 
Average common shares — basic
90,709,802

 
91,567,119

Stock option conversion(1)

 
287,657

RSUs and PSUs(2)

 
313,527

Average common shares — diluted
90,709,802

 
92,168,303

Diluted earnings (loss) per share
$
(0.11
)
 
$
0.43

(1) Anti-dilutive options excluded
1,760,843

 
1,403,295

(2) Anti-dilutive stock units excluded
1,082,207

 
172,195