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

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Year Ended December 31,

 

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2019

    

2018

    

2017

 

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(In thousands, except per share amounts)

 

BASIC EPS:

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Net income (loss) (numerator):

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Income (loss) from continuing operations, net of tax

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$

(680,498)

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$

(598,063)

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$

(497,114)

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Less: net (income) loss attributable to noncontrolling interest

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(22,375)

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(28,222)

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(6,178)

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Less: preferred stock dividends

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(17,244)

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(12,305)

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—

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Less: accrued distribution on redeemable noncontrolling interest in subsidiary

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(20,534)

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(11,098)

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—

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Less: distributed and undistributed earnings allocated to unvested shareholders

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(459)

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(1,819)

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13,210

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Numerator for basic earnings per share:

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

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$

(741,110)

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$

(651,507)

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$

(490,082)

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Income (loss) from discontinued operations, net of tax

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$

(12)

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$

(14,663)

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$

(43,519)

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Weighted-average number of shares outstanding - basic

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351,617

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334,397

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280,653

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Earnings (losses) per share:

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Basic from continuing operations

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$

(2.11)

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$

(1.95)

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$

(1.75)

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Basic from discontinued operations

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—

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(0.04)

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(0.15)

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Total Basic

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$

(2.11)

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$

(1.99)

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$

(1.90)

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DILUTED EPS:

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

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$

(741,110)

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$

(651,507)

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$

(490,082)

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Add: effect of reallocating undistributed earnings of unvested shareholders

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—

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—

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—

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

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$

(741,110)

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$

(651,507)

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$

(490,082)

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Income (loss) from discontinued operations, net of tax

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$

(12)

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$

(14,663)

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$

(43,519)

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Weighted-average number of shares outstanding - basic

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351,617

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334,397

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280,653

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Add: dilutive effect of potential common shares

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—

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—

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—

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Weighted-average number of shares outstanding - diluted

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351,617

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334,397

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280,653

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Earnings (losses) per share:

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Diluted from continuing operations

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$

(2.11)

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$

(1.95)

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$

(1.75)

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Diluted from discontinued operations

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—

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(0.04)

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(0.15)

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Total Diluted

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$

(2.11)

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$

(1.99)

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$

(1.90)

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Potentially dilutive securities excluded as anti-dilutive

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Year Ended December 31,

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2019

    

2018

    

2017

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(In thousands)

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Potentially dilutive securities excluded as anti-dilutive

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1,994

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4,341

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4,534