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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Net Loss Per Share [Abstract]  
Calculation Of Net Income (Loss) Per Common Share



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



For the three months ended

 

For the six months ended



June 30,

 

June 30,



 

 

 

 

 

 

 

 

 

 

 

($ in millions and shares in thousands, except per share amounts)

2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic and diluted earnings (loss)

 

 

 

 

 

 

 

 

 

 

 

per share:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

$

(80)

 

$

(28)

 

$

(320)

 

$

(79)

Less:  Dividends paid on unvested restricted stock awards

 

(1)

 

 

 -

 

 

(2)

 

 

(1)

Total basic and diluted net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(81)

 

$

(28)

 

$

(322)

 

$

(80)



 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,172,973 

 

 

1,044,531 

 

 

1,171,560 

 

 

1,026,278 

Less:  Weighted average unvested restricted stock awards

 

(8,711)

 

 

(7,124)

 

 

(7,477)

 

 

(7,302)

Total weighted average shares outstanding - basic

 

1,164,262 

 

 

1,037,407 

 

 

1,164,083 

 

 

1,018,976 



 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.07)

 

$

(0.03)

 

$

(0.28)

 

$

(0.08)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

1,164,262 

 

 

1,037,407 

 

 

1,164,083 

 

 

1,018,976 

Effect of dilutive shares

 

 -

 

 

 -

 

 

 -

 

 

 -

Total weighted average shares outstanding - diluted

 

1,164,262 

 

 

1,037,407 

 

 

1,164,083 

 

 

1,018,976 



 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.07)

 

$

(0.03)

 

$

(0.28)

 

$

(0.08)