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Per Share Data
9 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Per Share Data
Per Share Data
The computation of basic and diluted net (loss) income per common share attributable to Sprint was as follows:
 
Three Months Ended
 
Nine Months Ended
 
December 31,
 
December 31,
 
2018
 
2017
 
2018
 
2017
 
(in millions, except per share amounts)
Net (loss) income
$
(145
)
 
$
7,156

 
$
235

 
$
7,314

Less: Net loss (income) attributable to noncontrolling interests
4

 
6

 
(4
)
 
6

Net (loss) income attributable to Sprint
$
(141
)
 
$
7,162

 
$
231

 
$
7,320

 
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
4,078

 
4,001

 
4,050

 
3,998

Effect of dilutive securities:
 
 
 
 
 
 
 
Options and restricted stock units

 
47

 
56

 
61

Warrants(1)

 
13

 
4

 
21

Diluted weighted average common shares outstanding
4,078

 
4,061

 
4,110

 
4,080

 
 
 
 
 
 
 
 
Basic net (loss) income per common share attributable to Sprint
$
(0.03
)
 
$
1.79

 
$
0.06

 
$
1.83

Diluted net (loss) income per common share attributable to Sprint
$
(0.03
)
 
$
1.76

 
$
0.06

 
$
1.79

 
 
 
 
 
 
 
 
Potentially dilutive securities:
 
 
 
 
 
 
 
Outstanding stock options(2)
96

 
6

 
6

 
6

 _________________
(1)
For the nine-month period ended December 31, 2018, dilutive securities attributable to warrants include 1 million shares issuable under the warrant held by SoftBank. For the three- and nine-month periods ended December 31, 2017, dilutive securities attributable to warrants include 9 million and 17 million shares, respectively, issuable under the warrant held by SoftBank. At the close of the merger with SoftBank, the warrant was issued at $5.25 per share. On July 10, 2018, SoftBank exercised its warrant in full to purchase 55 million shares of Sprint common stock for $287 million.
(2)
Potentially dilutive securities were not included in the computation of diluted net (loss) income per common share if to do so would have been antidilutive.