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)