Earnings (Losses) Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings (Losses) Per Share

Earnings (losses) per share computations

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2018		2017		2018		2017
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax		$	(195,215)	$	(115,476)	$	(338,802)	$	(263,104)
Less: net (income) loss attributable to noncontrolling interest			(2,953)		(1,971)		(3,492)		(2,888)
Less: preferred stock dividends			(3,680)		—		(3,680)		—
Less: accrued distribution on redeemable noncontrolling interest in subsidiary			(2,124)		—		(4,522)		—
Less: (earnings) losses allocated to unvested shareholders			4,826		3,306		8,186		7,117
Numerator for basic earnings per share:
Adjusted income (loss) from continuing operations, net of tax - basic		$	(199,146)	$	(114,141)	$	(342,310)	$	(258,875)
Income (loss) from discontinued operations, net of tax		$	(584)	$	(15,504)	$	(659)	$	(15,943)
Weighted-average number of shares outstanding - basic			328,372		278,916		318,580		278,348
Earnings (losses) per share:
Basic from continuing operations		$	(0.61)	$	(0.41)	$	(1.08)	$	(0.93)
Basic from discontinued operations			—		(0.05)		—		(0.06)
Total Basic		$	(0.61)	$	(0.46)	$	(1.08)	$	(0.99)
DILUTED EPS:
Adjusted income (loss) from continuing operations, net of tax - basic		$	(199,146)	$	(114,141)	$	(342,310)	$	(258,875)
Add: effect of reallocating undistributed earnings of unvested shareholders			—		—		—		—
Adjusted income (loss) from continuing operations, net of tax - diluted		$	(199,146)	$	(114,141)	$	(342,310)	$	(258,875)
Income (loss) from discontinued operations, net of tax		$	(584)	$	(15,504)	$	(659)	$	(15,943)
Weighted-average number of shares outstanding - basic			328,372		278,916		318,580		278,348
Add: dilutive effect of potential common shares			—		—		—		—
Weighted-average number of shares outstanding - diluted			328,372		278,916		318,580		278,348
Earnings (losses) per share:
Diluted from continuing operations		$	(0.61)	$	(0.41)	$	(1.08)	$	(0.93)
Diluted from discontinued operations			—		(0.05)		—		(0.06)
Total Diluted		$	(0.61)	$	(0.46)	$	(1.08)	$	(0.99)

Potentially dilutive securities excluded as anti-dilutive

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2018		2017		2018		2017
	(In thousands)
Potentially dilutive securities excluded as anti-dilutive			4,575		4,469		4,555		4,559