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Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

22.

Earnings Per Share

 

 

The following table provides a summary of net (loss) income and the number of common shares used in the computation of basic and diluted (loss) income per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

The Company

 

 

 

 

 

Period from

 

 

For the Year Ended December 31,

 

 

November 24, 2014

 

(Amounts in thousands, except per share amounts)

2016

 

 

2015

 

 

to December 31, 2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to common stockholders

$

(9,934

)

 

$

(4,419

)

 

$

57,308

 

Earnings allocated to unvested participating securities

 

(37

)

 

 

-

 

 

 

-

 

Numerator for (loss) income per common share - basic

   and diluted

$

(9,971

)

 

$

(4,419

)

 

$

57,308

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic (loss) income per common share -

   weighted average shares

 

218,053

 

 

 

212,107

 

 

 

212,107

 

Effect of dilutive employee stock options and

   restricted share awards (1)

 

-

 

 

 

-

 

 

 

1

 

Denominator for diluted (loss) income per common

   share - weighted average shares

 

218,053

 

 

 

212,107

 

 

 

212,108

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income per common share - basic and diluted

$

(0.05

)

 

$

(0.02

)

 

$

0.27

 

 

 

 

(1)

The effect of dilutive securities for the years ended December 31, 2016 and December 31, 2015 and for the period from November 24, 2014 to December 31, 2014 excludes 48,113, 53,281 and 53,043 weighted average share equivalents, respectively, as their effect was anti-dilutive.