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Earnings (Losses) Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings (Losses) Per Share  
Earnings (losses) per share computations

Three Months Ended

March 31,

    

2020

    

2019

 

(In thousands, except per share amounts)

BASIC EPS:

Net income (loss) (numerator):

Income (loss) from continuing operations, net of tax

$

(374,269)

$

(103,376)

Less: net (income) loss attributable to noncontrolling interest

 

(17,465)

 

(14,176)

Less: preferred stock dividends

 

(3,652)

 

(4,313)

Less: accrued distribution on redeemable noncontrolling interest in subsidiary

(4,432)

(5,063)

Less: distributed and undistributed earnings allocated to unvested shareholders

(125)

(118)

Numerator for basic earnings per share:

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

$

(399,943)

$

(127,046)

Income (loss) from discontinued operations, net of tax

$

(93)

$

(157)

Weighted-average number of shares outstanding - basic

 

7,051

 

7,015

Earnings (losses) per share:

Basic from continuing operations

$

(56.72)

$

(18.11)

Basic from discontinued operations

 

(0.01)

 

(0.02)

Total Basic

$

(56.73)

$

(18.13)

DILUTED EPS:

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

$

(399,943)

$

(127,046)

Add: effect of reallocating undistributed earnings of unvested shareholders

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

$

(399,943)

$

(127,046)

Income (loss) from discontinued operations, net of tax

$

(93)

$

(157)

Weighted-average number of shares outstanding - basic

 

7,051

 

7,015

Add: dilutive effect of potential common shares

Weighted-average number of shares outstanding - diluted

7,051

7,015

Earnings (losses) per share:

Diluted from continuing operations

$

(56.72)

$

(18.11)

Diluted from discontinued operations

 

(0.01)

 

(0.02)

Total Diluted

$

(56.73)

$

(18.13)

Potentially dilutive securities excluded as anti-dilutive

Three Months Ended

March 31,

    

2020

    

2019

 

(In thousands)

Potentially dilutive securities excluded as anti-dilutive

68

51