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Earnings (Losses) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings (Losses) Per Share  
Earnings (losses) per share computations

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Three Months Ended

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Nine Months Ended

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September 30,

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September 30,

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2021

    

2020

    

2021

    

2020

 

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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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$

(115,702)

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$

(146,682)

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$

(434,434)

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$

(658,919)

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Less: net (income) loss attributable to noncontrolling interest

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(6,778)

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(10,805)

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(21,168)

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(38,437)

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Less: preferred stock dividends

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—

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(3,653)

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(3,653)

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(10,958)

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Less: accrued distribution on redeemable noncontrolling interest in subsidiary

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(2,356)

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(4,353)

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(7,088)

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(13,092)

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Less: distributed and undistributed earnings allocated to unvested shareholders

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—

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—

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—

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(125)

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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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$

(124,836)

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$

(165,493)

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$

(466,343)

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$

(721,531)

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Income (loss) from discontinued operations, net of tax

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$

(20)

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$

22

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$

7

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$

(48)

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Weighted-average number of shares outstanding - basic

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7,907

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7,064

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7,490

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7,056

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Earnings (losses) per share:

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Basic from continuing operations

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$

(15.79)

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$

(23.42)

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$

(62.26)

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$

(102.25)

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Basic from discontinued operations

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—

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—

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—

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(0.01)

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Total Basic

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$

(15.79)

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$

(23.42)

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$

(62.26)

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$

(102.26)

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DILUTED EPS:

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

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$

(124,836)

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$

(165,493)

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$

(466,343)

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$

(721,531)

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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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—

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

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$

(124,836)

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$

(165,493)

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$

(466,343)

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$

(721,531)

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Income (loss) from discontinued operations, net of tax

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$

(20)

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$

22

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$

7

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$

(48)

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Weighted-average number of shares outstanding - basic

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7,907

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7,064

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7,490

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7,056

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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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—

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Weighted-average number of shares outstanding - diluted

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7,907

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7,064

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7,490

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7,056

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Earnings (losses) per share:

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Diluted from continuing operations

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$

(15.79)

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$

(23.42)

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$

(62.26)

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$

(102.25)

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Diluted from discontinued operations

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—

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—

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—

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(0.01)

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Total Diluted

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$

(15.79)

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$

(23.42)

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$

(62.26)

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$

(102.26)

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Potentially dilutive securities excluded as anti-dilutive

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Three Months Ended

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Nine Months Ended

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September 30,

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September 30,

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2021

    

2020

    

2021

    

2020

 

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(In thousands)

Potentially dilutive securities excluded as anti-dilutive

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22

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36

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33

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57

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