| EARNINGS (LOSS) PER SHARE |
EARNINGS (LOSS) PER SHARE Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, |
| |
2020 |
|
2019 |
|
Loss |
|
Shares |
|
Per
Share |
|
Loss |
|
Shares |
|
Per
Share |
|
(In thousands, except share data) |
| Basic: |
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ |
(380,963) |
|
|
160,682,629 |
|
|
$ |
(2.37) |
|
|
$ |
(484,802) |
|
|
159,548,477 |
|
|
$ |
(3.04) |
|
| Effect of dilutive securities: |
|
|
|
|
|
|
|
|
|
|
|
| Stock awards |
— |
|
|
— |
|
|
|
|
— |
|
|
— |
|
|
|
| Diluted: |
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ |
(380,963) |
|
|
160,682,629 |
|
|
$ |
(2.37) |
|
|
$ |
(484,802) |
|
|
159,548,477 |
|
|
$ |
(3.04) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended September 30, |
|
2020 |
|
2019 |
|
Loss |
|
Shares |
|
Per
Share |
|
Loss |
|
Shares |
|
Per
Share |
|
(In thousands, except share data) |
| Basic: |
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ |
(1,459,569) |
|
|
160,053,093 |
|
|
$ |
(9.12) |
|
|
$ |
(187,604) |
|
|
160,553,796 |
|
|
$ |
(1.17) |
|
| Effect of dilutive securities: |
|
|
|
|
|
|
|
|
|
|
|
| Stock options and awards |
— |
|
|
— |
|
|
|
|
— |
|
|
— |
|
|
|
| Diluted: |
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ |
(1,459,569) |
|
|
160,053,093 |
|
|
$ |
(9.12) |
|
|
$ |
(187,604) |
|
|
160,553,796 |
|
|
$ |
(1.17) |
|
There were no potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2020. There were 2,073,638 and 4,266,206 potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2019, respectively.
|