Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v2.4.0.8
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted earnings per share, or EPS, for the three and nine months ended September 30, 2013 and 2012:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands, except share data)
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Net (loss) income from continuing operations
$
(193,599
)
 
$
29,476

 
$
336,361

 
$
105,507

Income (loss) from discontinued operations
871

 
(2,674
)
 
3,264

 
(2,901
)
Net (loss) income attributable to common stockholders
$
(192,728
)
 
$
26,802

 
$
339,625

 
$
102,606

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
364,032,788

 
269,972,503

 
345,046,012

 
224,015,418

Weighted average restricted stock shares
1,024,979

 
32,709

 
483,599

 
43,344

Basic weighted average shares outstanding
365,057,767

 
270,005,212

 
345,529,611

 
224,058,762

Dilutive weighted average warrants
109,225

 
932,748

 
840,747

 
310,916

Diluted weighted average shares outstanding
365,166,992

 
270,937,960

 
346,370,358

 
224,369,678

Basic (Loss) Earnings Per Share:
 
 
 
 
 
 
 
Continuing operations
$
(0.53
)
 
$
0.11

 
$
0.97

 
$
0.47

Discontinued operations
—

 
(0.01
)
 
0.01

 
(0.01
)
Net (loss) income
$
(0.53
)
 
$
0.10

 
$
0.98

 
$
0.46

Diluted (Loss) Earnings Per Share:
 
 
 
 
 
 
 
Continuing operations
$
(0.53
)
 
$
0.11

 
$
0.97

 
$
0.47

Discontinued operations
—

 
(0.01
)
 
0.01

 
(0.01
)
Net (loss) income
$
(0.53
)
 
$
0.10

 
$
0.98

 
$
0.46