XML 55 R41.htm IDEA: XBRL DOCUMENT v3.5.0.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The components of basic and diluted earnings per share are as follows:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2016

 
2015

 
2016

 
2015

Loss from continuing operations
$
(141,249
)
 
$
(11,669
)
 
$
(181,943
)
 
$
(81,912
)
Net (income) / loss attributable to noncontrolling interests
(68
)
 
307

 
191

 
564

Less: preferred share accretion paid in kind (Note 12)
(4,440
)
 
(4,264
)
 
(8,950
)
 
(8,405
)
Loss from continuing operations available to common shareholders, net of noncontrolling interest
(145,757
)
 
(15,626
)
 
(190,702
)
 
(89,753
)
Income / (loss) from discontinued operations, net of tax

 
2,684

 

 
(604
)
Net loss attributable to CME Ltd. available to common shareholders - Basic
$
(145,757
)
 
$
(12,942
)
 
$
(190,702
)
 
$
(90,357
)
 
 
 
 
 
 
 
 
Effect of dilutive securities
 
 
 
 
 
 
 
Preferred share accretion paid in kind

 

 

 

Net loss attributable to CME Ltd. available to common shareholders - Diluted
$
(145,757
)
 
$
(12,942
)
 
$
(190,702
)
 
$
(90,357
)
 
 
 
 
 
 
 
 
Weighted average outstanding shares of common stock - Basic (1)
149,083

 
146,743

 
148,080

 
146,675

Dilutive effect of employee stock options and RSUs

 

 

 

Weighted average outstanding shares of common stock - Diluted
149,083

 
146,743

 
148,080

 
146,675

 
 
 
 
 
 
 
 
Net (loss) / income per share:
 
 
 
 
 
 
 
Continuing operations attributable to CME Ltd. - Basic and diluted
$
(0.98
)
 
$
(0.11
)
 
$
(1.29
)
 
$
(0.61
)
Discontinued operations attributable to CME Ltd. - Basic and diluted
0.00

 
0.02

 
0.00

 
(0.01
)
Net loss attributable to CME Ltd. - Basic and diluted
(0.98
)
 
(0.09
)
 
(1.29
)
 
(0.62
)
(1) 
For the purpose of computing basic earnings per share, the 11,211,449 shares of Class A common stock underlying the Series A Preferred Share are included in the weighted average outstanding shares of common stock - basic, because the holder of the Series A Preferred Share is entitled to receive any dividends payable when dividends are declared by the Board of Directors with respect to any shares of common stock.