Three Months Ended

Six Months Ended

June 30,

2020

2019

2020

2019

(In thousands, except per share amounts)

BASIC EPS:

Net income (loss) (numerator):

Income (loss) from continuing operations, net of tax

$

(137,968)

$

(192,801)

$

(512,237)

$

(296,177)

Less: net (income) loss attributable to noncontrolling interest

(10,167)

(10,729)

(27,632)

(24,905)

Less: preferred stock dividends

(3,653)

(4,312)

(7,305)

(8,625)

Less: accrued distribution on redeemable noncontrolling interest in subsidiary

(4,307)

(5,119)

(8,739)

(10,182)

Less: distributed and undistributed earnings allocated to unvested shareholders

—

(115)

(125)

(233)

Numerator for basic earnings per share:

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

$

(156,095)

$

(213,076)

$

(556,038)

$

(340,122)

Income (loss) from discontinued operations, net of tax

$

23

$

(34)

$

(70)

$

(191)

Weighted-average number of shares outstanding - basic

7,052

7,031

7,052

7,023

Earnings (losses) per share:

Basic from continuing operations

$

(22.13)

$

(30.31)

$

(78.85)

$

(48.43)

Basic from discontinued operations

—

(0.01)

(0.03)

Total Basic

$

(22.13)

$

(30.31)

$

(78.86)

$

(48.46)

DILUTED EPS:

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

$

(156,095)

$

(213,076)

$

(556,038)

$

(340,122)

Add: effect of reallocating undistributed earnings of unvested shareholders

—

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

$

(156,095)

$

(213,076)

$

(556,038)

$

(340,122)

Income (loss) from discontinued operations, net of tax

$

23

$

(34)

$

(70)

$

(191)

Weighted-average number of shares outstanding - basic

7,052

7,031

7,052

7,023

Add: dilutive effect of potential common shares

—

Weighted-average number of shares outstanding - diluted

7,052

7,031

7,052

7,023

Earnings (losses) per share:

Diluted from continuing operations

$

(22.13)

$

(30.31)

$

(78.85)

$

(48.43)

Diluted from discontinued operations

—

(0.01)

(0.03)

Total Diluted

$

(22.13)

$

(30.31)

$

(78.86)

$

(48.46)