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:
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Three months ended September 30, |
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2020 |
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2019 |
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Loss |
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Shares |
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Per Share |
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Loss |
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Shares |
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Per Share |
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(In thousands, except share data) |
Basic: |
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Net loss |
$ |
(380,963) |
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160,682,629 |
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$ |
(2.37) |
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$ |
(484,802) |
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159,548,477 |
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$ |
(3.04) |
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Effect of dilutive securities: |
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Stock awards |
— |
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— |
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— |
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— |
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Diluted: |
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Net loss |
$ |
(380,963) |
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160,682,629 |
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$ |
(2.37) |
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$ |
(484,802) |
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159,548,477 |
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$ |
(3.04) |
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Nine months ended September 30, |
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2020 |
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2019 |
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Loss |
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Shares |
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Per Share |
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Loss |
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Shares |
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Per Share |
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(In thousands, except share data) |
Basic: |
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Net loss |
$ |
(1,459,569) |
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160,053,093 |
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$ |
(9.12) |
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$ |
(187,604) |
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160,553,796 |
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$ |
(1.17) |
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Effect of dilutive securities: |
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Stock options and awards |
— |
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— |
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— |
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— |
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Diluted: |
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Net loss |
$ |
(1,459,569) |
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160,053,093 |
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$ |
(9.12) |
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$ |
(187,604) |
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160,553,796 |
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$ |
(1.17) |
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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.
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