Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.4.0.3
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share







 

 

 

 

 

 

(share amounts in thousands)

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

Net loss

 

$

(41,109)

 

$

(10,197)

Preferred stock dividends

 

 

(1,824)

 

 

(1,974)

Loss available to common stockholders

 

$

(42,933)

 

$

(12,171)



 

 

 

 

 

 

Weighted average shares outstanding

 

 

83,582 

 

 

57,479 

Dilutive impact of restricted stock

 

 

 

 

Weighted average shares outstanding for diluted loss per share

 

 

83,582 

 

 

57,479 



 

 

 

 

 

 

Basic loss per share

 

$

(0.51)

 

$

(0.21)

Diluted loss per share

 

$

(0.51)

 

$

(0.21)



 

 

 

 

 

 

Stock options (a)

 

 

15 

 

 

30 

Restricted stock (a)

 

 

25 

 

 

61 



Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.