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Net Earnings (Loss) Per Share from Continuing Operations
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Net Earnings (Loss) Per Share from Continuing Operations

9.

Net Earnings (Loss) Per Share from Continuing Operations

The following table reconciles net earnings (loss) from continuing operations and weighted-average common shares outstanding used in the calculations of basic and diluted net earnings (loss) per share from continuing operations.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Net earnings (loss) from continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) from continuing operations

 

$

(474

)

 

$

212

 

 

$

(685

)

 

$

520

 

Attributable to participating securities

 

 

(1

)

 

 

(3

)

 

 

(1

)

 

 

(6

)

Basic and diluted earnings (loss) from continuing operations

 

$

(475

)

 

$

209

 

 

$

(686

)

 

$

514

 

Common shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding - total

 

 

521

 

 

 

526

 

 

 

524

 

 

 

525

 

Attributable to participating securities

 

 

(6

)

 

 

(6

)

 

 

(6

)

 

 

(6

)

Common shares outstanding - basic

 

 

515

 

 

 

520

 

 

 

518

 

 

 

519

 

Dilutive effect of potential common shares issuable

 

 

—

 

 

 

3

 

 

 

—

 

 

 

3

 

Common shares outstanding - diluted

 

 

515

 

 

 

523

 

 

 

518

 

 

 

522

 

Net earnings (loss) per share from continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.92

)

 

$

0.40

 

 

$

(1.33

)

 

$

0.99

 

Diluted

 

$

(0.92

)

 

$

0.40

 

 

$

(1.33

)

 

$

0.99

 

Antidilutive options (1)

 

 

2

 

 

 

2

 

 

 

2

 

 

 

2

 

 

(1)

Amounts represent options to purchase shares of Devon’s common stock that are excluded from the diluted net earnings per share calculations because the options are antidilutive.