Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.3.0.814
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table presents a reconciliation of the (loss) earnings and shares used in calculating basic and diluted (loss) earnings per share for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(in thousands, except share data)
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Net (loss) income
$
(34,790
)
 
$
193,590

 
$
281,504

 
$
204,102

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding
364,979,716

 
364,339,061

 
364,844,032

 
364,112,043

Weighted average restricted stock shares
2,386,257

 
1,779,805

 
2,141,699

 
1,826,107

Basic and diluted weighted average shares outstanding
367,365,973

 
366,118,866

 
366,985,731

 
365,938,150

Basic and Diluted (Loss) Earnings Per Share:
$
(0.09
)
 
$
0.53

 
$
0.77

 
$
0.56