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Earnings (Losses) Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings (Losses) Per Share  
Earnings (losses) per share computations

Year Ended December 31,

 

2019

    

2018

    

2017

 

    

 

(In thousands, except per share amounts)

 

BASIC EPS:

Net income (loss) (numerator):

Income (loss) from continuing operations, net of tax

$

(680,498)

$

(598,063)

$

(497,114)

Less: net (income) loss attributable to noncontrolling interest

 

(22,375)

 

(28,222)

 

(6,178)

Less: preferred stock dividends

 

(17,244)

 

(12,305)

 

Less: accrued distribution on redeemable noncontrolling interest in subsidiary

(20,534)

(11,098)

Less: distributed and undistributed earnings allocated to unvested shareholders

(459)

(1,819)

13,210

Numerator for basic earnings per share:

Adjusted income (loss) from continuing operations, net of tax - basic

$

(741,110)

$

(651,507)

$

(490,082)

Income (loss) from discontinued operations, net of tax

$

(12)

$

(14,663)

$

(43,519)

Weighted-average number of shares outstanding - basic

 

351,617

 

334,397

 

280,653

Earnings (losses) per share:

Basic from continuing operations

$

(2.11)

$

(1.95)

$

(1.75)

Basic from discontinued operations

 

 

(0.04)

 

(0.15)

Total Basic

$

(2.11)

$

(1.99)

$

(1.90)

DILUTED EPS:

Adjusted income (loss) from continuing operations, net of tax - basic

$

(741,110)

$

(651,507)

$

(490,082)

Add: effect of reallocating undistributed earnings of unvested shareholders

Adjusted income (loss) from continuing operations, net of tax - diluted

$

(741,110)

$

(651,507)

$

(490,082)

Income (loss) from discontinued operations, net of tax

$

(12)

$

(14,663)

$

(43,519)

Weighted-average number of shares outstanding - basic

 

351,617

 

334,397

 

280,653

Add: dilutive effect of potential common shares

Weighted-average number of shares outstanding - diluted

351,617

334,397

280,653

Earnings (losses) per share:

Diluted from continuing operations

$

(2.11)

$

(1.95)

$

(1.75)

Diluted from discontinued operations

 

 

(0.04)

 

(0.15)

Total Diluted

$

(2.11)

$

(1.99)

$

(1.90)

Potentially dilutive securities excluded as anti-dilutive

Year Ended December 31,

2019

    

2018

    

2017

    

 

(In thousands)

Potentially dilutive securities excluded as anti-dilutive

1,994

4,341

4,534