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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2017
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)

2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic and diluted loss

 

 

 

 

 

 

 

 

 

 

 

per share:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

$

(715)

 

$

(80)

 

$

(844)

 

$

(320)

Less:  Dividends paid on unvested restricted stock awards

 

(1)

 

 

(1)

 

 

(2)

 

 

(2)

Total basic net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(716)

 

$

(81)

 

$

(846)

 

$

(322)

Effect of loss related to dilutive stock units

 

(2)

 

 

 -

 

 

(2)

 

 

 -

Total diluted net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(718)

 

$

(81)

 

$

(848)

 

$

(322)



 

 

 

 

 

 

 

 

 

 

 

Basic loss per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

78,531 

 

 

78,198 

 

 

78,365 

 

 

78,104 

Less:  Weighted average unvested restricted stock awards

 

(736)

 

 

(573)

 

 

(686)

 

 

(493)

Total weighted average shares outstanding - basic

 

77,795 

 

 

77,625 

 

 

77,679 

 

 

77,611 



 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(9.20)

 

$

(1.05)

 

$

(10.88)

 

$

(4.14)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted loss per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

77,795 

 

 

77,625 

 

 

77,679 

 

 

77,611 

Effect of dilutive stock units

 

156 

 

 

 -

 

 

156 

 

 

 -

Total weighted average shares outstanding - diluted

 

77,951 

 

 

77,625 

 

 

77,835 

 

 

77,611 



 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(9.21)

 

$

(1.05)

 

$

(10.89)

 

$

(4.14)