Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share Computation of Basic and Diluted Earnings (Loss) Per Share (Tables)

v3.5.0.2
Earnings (Loss) Per Share Computation of Basic and Diluted Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted earnings (loss) per share:
 
For the three months ended September 30,
 
For the nine months ended September 30,
(Shares in thousands)
2016
 
2015
 
2016
 
2015
Numerator
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders, basic
$
(14,977
)
 
$
128,247

 
$
(11,423
)
 
$
(31,631
)
  Add: Interest on 2033 Senior Notes

 
945

 

 

  Change in FV of embedded derivative income

 
(36,132
)
 

 

Net income (loss) attributable to common shareholders, diluted
$
(14,977
)
 
$
93,060

 
$
(11,423
)
 
$
(31,631
)
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
(Shares in thousands)
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
552,229

 
500,562

 
548,551

 
469,931

Effect of dilutive securities:
 
 
 
 
 
 
 
  Stock options

 
6,349

 

 

  Warrants

 
2,065

 

 

  2033 Senior Notes

 
6,537

 

 

     Dilutive potential shares

 
14,951

 

 

Weighted average common shares outstanding, diluted
552,229

 
515,513

 
548,551

 
469,931

 
 
 
 
 
 
 
 
Earnings (loss) per share, basic
$
(0.03
)
 
$
0.26

 
$
(0.02
)
 
$
(0.07
)
Earnings (loss) per share, diluted
$
(0.03
)
 
$
0.18

 
$
(0.02
)
 
$
(0.07
)