Earnings (Losses) Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings (Losses) Per Share

Earnings (losses) per share computations

		Three Months Ended
		March 31,
		2019		2018
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax		$	(103,376)	$	(143,587)
Less: net (income) loss attributable to noncontrolling interest			(14,176)		(539)
Less: preferred stock dividends			(4,313)		—
Less: accrued distribution on redeemable noncontrolling interest in subsidiary			(5,063)		(2,399)
Less: distributed and undistributed earnings allocated to unvested shareholders			(118)		3,360
Numerator for basic earnings per share:
Adjusted income (loss) from continuing operations, net of tax - basic		$	(127,046)	$	(143,165)
Income (loss) from discontinued operations, net of tax		$	(157)	$	(75)
Weighted-average number of shares outstanding - basic			350,764		308,788
Earnings (losses) per share:
Basic from continuing operations		$	(0.36)	$	(0.46)
Basic from discontinued operations			—		—
Total Basic		$	(0.36)	$	(0.46)
DILUTED EPS:
Adjusted income (loss) from continuing operations, net of tax - basic		$	(127,046)	$	(143,165)
Add: effect of reallocating undistributed earnings of unvested shareholders			—		—
Adjusted income (loss) from continuing operations, net of tax - diluted		$	(127,046)	$	(143,165)
Income (loss) from discontinued operations, net of tax		$	(157)	$	(75)
Weighted-average number of shares outstanding - basic			350,764		308,788
Add: dilutive effect of potential common shares			—		—
Weighted-average number of shares outstanding - diluted			350,764		308,788
Earnings (losses) per share:
Diluted from continuing operations		$	(0.36)	$	(0.46)
Diluted from discontinued operations			—		—
Total Diluted		$	(0.36)	$	(0.46)

Potentially dilutive securities excluded as anti-dilutive

		Three Months Ended
		March 31,
		2019		2018
	(In thousands)
Potentially dilutive securities excluded as anti-dilutive			2,563		4,534