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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computations of Class A Basic and Diluted Earnings (Loss) per Share
The computations for Class A basic and diluted EPS are as follows (in millions, except share data):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Numerator for basic and diluted EPS:
 
 
 
 
 
 
 
Net earnings (loss) attributable to controlling interest
$
(51
)
 
$
(13
)
 
$
(88
)
 
$
156

Numerator for basic EPS - net income (loss) attributable to common stockholders
$
(51
)
 
$
(13
)
 
$
(88
)
 
$
156

Add back convertible senior notes interest

 

 

 
11

Numerator for diluted EPS - net income (loss) attributable to common stockholders
$
(51
)
 
$
(13
)
 
$
(88
)
 
$
167

 
 
 
 
 
 
 
 
Denominator for EPS:
 
 
 
 
 
 
 
Weighted average number of shares:
 
 
 
 
 
 
 
Class A common stock - basic
97,600,393

 
97,460,492

 
97,595,765

 
97,464,012

Add dilutive effect of:
 
 
 
 
 
 
 
Restricted stock awards

 

 

 
153,444

Restricted stock units

 

 

 
652

Convertible senior notes

 

 

 
8,170,740

Class A common stock - diluted
97,600,393

 
97,460,492

 
97,595,765

 
105,788,848

 
 
 
 
 
 
 
 
EPS:
 
 
 
 
 
 
 
Class A common stock:
 
 
 
 
 
 
 
Basic
$
(0.53
)
 
$
(0.13
)
 
$
(0.91
)
 
$
1.60

Diluted
$
(0.53
)
 
$
(0.13
)
 
$
(0.91
)
 
$
1.58

 
 
 
 
 
 
 
 
Dividends declared per Class A common share
$
0.42

 
$
0.42

 
$
1.27

 
$
1.27