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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2017
Table Text Blocks  
Schedule of calculation of the basic and diluted weighted-average shares and EPS

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

(in thousands, except per share data)

    

2017

    

2016

Income (numerator):

 

 

 

 

 

 

Net income (loss) attributable to controlling interests

 

$

(1,387)

 

$

18,911

Less: Dividends and accretion on preferred stock

 

 

(2,027)

 

 

 —

Net income (loss) attributable to common shareholder

 

$

(3,414)

 

$

18,911

Weighted-average shares (denominator): (1)

 

 

 

 

 

 

Weighted-average number of shares of Class A common stock - basic

 

 

62,197

 

 

33,222

Weighted-average number of shares of Class A common stock - diluted

 

 

62,197

 

 

33,222

Earnings (loss) per share: (1)

 

 

 

 

 

 

Basic - Net income (loss) attributable to common shareholders

 

$

(0.05)

 

$

0.57

Diluted - Net income (loss) attributable to common shareholders

 

$

(0.05)

 

$

0.57


(1)

All share and earnings per share information presented has been recast to retrospectively adjust for the effects of the 0.087423 per share Special Stock Dividend, as defined in Note 11, “Stockholders’ and Mezzanine equity”, distributed on March 31, 2017.