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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators Used for Computation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share for the three and six months ended June 30, 2019 and 2018 (in millions, except per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from Continuing Operations, net of tax

 

$

(19

)

 

$

(28

)

 

$

(46

)

 

$

(38

)

Loss from Discontinued Operations, net of tax

 

 

 

 

 

(20

)

 

 

 

 

 

(25

)

Net loss

 

$

(19

)

 

$

(48

)

 

$

(46

)

 

$

(63

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding, basic

 

 

57.0

 

 

 

58.3

 

 

 

57.8

 

 

 

58.2

 

Weighted average number of shares outstanding, diluted

 

 

57.0

 

 

 

58.3

 

 

 

57.8

 

 

 

58.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share from continuing operations

 

$

(0.32

)

 

$

(0.48

)

 

$

(0.80

)

 

$

(0.65

)

Basic and diluted loss per share from discontinued operations

 

 

 

 

 

(0.34

)

 

 

 

 

 

(0.43

)

Basic and diluted loss per share

 

$

(0.32

)

 

$

(0.82

)

 

$

(0.80

)

 

$

(1.08

)