(Loss) Earnings Per Class A Share

3 Months Ended

Mar. 31, 2017

(LOSS) EARNINGS PER CLASS A SHARE

Basic (loss) earnings per Class A Share is computed by dividing the net (loss) income attributable to Class A Shareholders by the weighted-average number of Class A Shares outstanding for the period. For the three months ended March 31, 2017 and 2016 the Company included 1,326,320 and 1,364,560 RSUs respectively, that have vested but have not been settled in Class A Shares in the weighted-average Class A Shares outstanding used to calculate basic and diluted (loss) earnings per Class A Share.

The Company did not include the Och-Ziff Operating Group P Units in the calculations of dilutive earnings per share, as the equity awards are not yet participating in the economics of the Company as the Performance Conditions have not been met as of March 31, 2017 (see Note 3).

The following tables present the computation of basic and diluted (loss) earnings per Class A Share:



Three Months Ended March 31, 2017	Net Loss Attributable to Class A Shareholders			Weighted-Average Class A Shares Outstanding	Loss Per Class A Share			Number of Antidilutive Units Excluded from Diluted Calculation

	(dollars in thousands, except per share amounts)
Basic	$	(7,164	)	186,226,675	$	(0.04	)
Effect of dilutive securities:
Och-Ziff Operating Group A Units	—			—				287,004,764
RSUs	—			—				19,730,352
Diluted	$	(7,164	)	186,226,675	$	(0.04	)



Three Months Ended March 31, 2016	Net Loss Attributable to Class A Shareholders			Weighted-Average Class A Shares Outstanding	Loss Per Class A Share			Number of Antidilutive Units Excluded from Diluted Calculation

	(dollars in thousands, except per share amounts)
Basic	$	(69,356	)	182,548,852	$	(0.38	)
Effect of dilutive securities:
Och-Ziff Operating Group A Units	—			—				297,317,019
RSUs	—			—				14,758,228
Diluted	$	(69,356	)	182,548,852	$	(0.38	)