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Earnings/(Loss) Per Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings/(Loss) Per Share
Earnings/(Loss) Per Share
Basic earnings/(loss) per common share is computed by dividing net income/(loss) less accumulated preferred stock dividends by the weighted average number of common shares outstanding. Shares issued and treasury shares repurchased during the year are weighted for the portion of the year that they were outstanding. Diluted earnings/(loss) per share is computed in a manner consistent with that of basic income/(loss) per share while giving effect to all potentially dilutive common shares that were outstanding during the period. During the second quarter of 2016, the Company repurchased 100% of the outstanding shares of its 2.822% preferred stock. The reconciliation of NRG's basic and diluted loss per share is shown in the following table:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions, except per share data)
2017
 
2016
 
2017
 
2016
Basic and diluted loss per share attributable to NRG Energy, Inc. common stockholders
Net loss attributable to NRG Energy, Inc.
$
(626
)
 
$
(271
)
 
$
(790
)
 
$
(189
)
Dividends for preferred shares
—

 
—

 
—

 
5

Gain on redemption of 2.822% redeemable perpetual preferred stock
—

 
(78
)
 
—

 
(78
)
Loss available for common stockholders
$
(626
)

$
(193
)

$
(790
)

$
(116
)
Weighted average number of common shares outstanding - basic and diluted
316

 
315


316

 
315

Loss per weighted average common share — basic and diluted
$
(1.98
)
 
$
(0.61
)
 
$
(2.50
)
 
$
(0.37
)

The following table summarizes NRG’s outstanding equity instruments that are anti-dilutive and were not included in the computation of the Company’s diluted loss per share:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions of shares)
2017
 
2016
 
2017
 
2016
Equity compensation plans
6

 
3

 
6

 
3

Total
6

 
3

 
6

 
3