Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.8.0.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 12 — EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted loss per share (in thousands, except per-share amounts):
 
 
Year Ended December 31,
 
 
2017
 
2016
Net loss
 
$
(231,459
)
 
$
(96,655
)
Basic weighted average common shares outstanding
 
188,536

 
95,795

Loss per share:
 
 
 
 
     Basic and diluted
 
$
(1.23
)
 
$
(1.01
)

As of December 31, 2017, and 2016, the effect of 19.9 million and 11.5 million, respectively, of unvested restricted stock awards that could potentially dilute basic EPS in the future were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented. As such, basic and diluted EPS are the same for all periods presented.