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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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)

2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic and diluted loss

 

 

 

 

 

 

 

 

 

 

 

per share:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

$

(72)

 

$

(715)

 

$

(105)

 

$

(844)

Less:  Dividends paid on unvested restricted stock awards

 

 -

 

 

(1)

 

 

 -

 

 

(2)

Total basic net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(72)

 

$

(716)

 

$

(105)

 

$

(846)

Effect of loss related to dilutive stock units

 

 -

 

 

(2)

 

 

 -

 

 

(2)

Total diluted net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(72)

 

$

(718)

 

$

(105)

 

$

(848)



 

 

 

 

 

 

 

 

 

 

 

Basic loss per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

80,201 

 

 

78,531 

 

 

79,429 

 

 

78,365 

Less:  Weighted average unvested restricted stock awards

 

(2,175)

 

 

(736)

 

 

(1,744)

 

 

(686)

Total weighted average shares outstanding - basic

 

78,026 

 

 

77,795 

 

 

77,685 

 

 

77,679 



 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.92)

 

$

(9.20)

 

$

(1.35)

 

$

(10.88)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted loss per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

78,026 

 

 

77,795 

 

 

77,685 

 

 

77,679 

Effect of dilutive stock units

 

 -

 

 

156 

 

 

 -

 

 

156 

Total weighted average shares outstanding - diluted

 

78,026 

 

 

77,951 

 

 

77,685 

 

 

77,835 



 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.92)

 

$

(9.21)

 

$

(1.35)

 

$

(10.89)