XML 69 R28.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Net Loss Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
NOTE 21. NET LOSS PER SHARE
The following is a reconciliation of the numerator and denominator of basic and diluted net loss per share for the years ended December 31, 2019, 2018 and 2017 (in thousands):
 
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Loss from continuing operations
$
(360,584
)
 
$
(961,767
)
 
$
(1,232,711
)
Loss from discontinued operations, net of tax
(62,052
)
 
(69,702
)
 
(802,722
)
Net loss
$
(422,636
)
 
$
(1,031,469
)
 
$
(2,035,433
)
Denominator:
 
 
 
 
 
For basic per share data—weighted average shares
226,050

 
223,960

 
223,198

Dilutive effect of ordinary share equivalents

 

 

For diluted per share data—weighted average shares
226,050

 
223,960

 
223,198


Basic net loss per share amounts are computed based on the weighted average number of ordinary shares outstanding during the period. Diluted net loss per share amounts are computed based on the weighted average number of ordinary shares outstanding and, if there is net income from continuing operations during the period, the dilutive effect of ordinary share equivalents outstanding during the period.
The dilutive effect of ordinary share equivalents is measured using the treasury stock method. Stock options and awards that have been issued but for which a grant date has not yet been established are not considered in the calculation of basic or diluted weighted average shares.
All potentially dilutive items were excluded from the diluted share calculation for the years ended December 31, 2019, 2018 and 2017 because their effect would have been anti-dilutive, as the Company was in a loss position.