EXHIBIT 11 – COMPUTATION OF INCOME (LOSS) PER SHARE

(In thousands, except per share data)

Three Months Ended

Six Months Ended

June 30,

June 30,

2015

2014

2015

2014

NUMERATOR:

Net income (loss) attributable to the

      Company – common shares

$

 1,410  

$

 51,037  

$

 (32,108) 

$

 (45,833) 

Less: Participating securities dividends

 -  

 -  

 -  

Net income (loss) attributable to the Company per

      common share – basic and diluted

$

 1,410  

$

 51,037  

$

 (32,108) 

$

 (45,833) 

DENOMINATOR:

Weighted average common shares outstanding – basic

 359,538  

 358,453  

 359,317  

 358,425  

Effect of dilutive securities:

Stock options and restricted stock ⁽¹⁾

 2,065  

 1,379  

 -  

 -  

Weighted average common shares outstanding – diluted

 361,603  

 359,832  

 359,317  

 358,425  

Net income (loss) attributable to the Company

      per common share:

Basic

$

0.00

$

 0.14  

$

 (0.09) 

$

 (0.13) 

Diluted

$

0.00

$

 0.14  

$

 (0.09) 

$

 (0.13) 

⁽¹⁾

Equity awards of 2.4 million and 6.2 million were outstanding for the three months ended June 30, 2015 and 2014, respectively, and 8.5 million and 9.6 million were outstanding for the six months ended June 30, 2015 and 2014, respectively, but were not included in the computation of diluted earnings per share because to do so would have been antidilutive.