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Net Income per Share (Table)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Summary of denominators for the computation of basic and diluted net income (loss) per share
The following table sets forth the calculation of basic and diluted net income per share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(In millions, except net income per share)
Numerator:
 
 
 
 
 
 
 
Net income
$
42

 
$
46

 
$
99

 
$
113

Denominator:
 
 
 
 
 
 
 
Shares outstanding at the beginning of the period
56

 
55

 
55

 
49

Weighted-average number of shares:
 
 
 
 
 
 
 
Issued in common stock offering
—

 
—

 
—

 
2

Denominator for basic net income per share
56

 
55

 
55

 
51

Effect of dilutive securities:
 
 
 
 
 
 
 
Share-based compensation
—

 
—

 
—

 
1

Convertible senior notes (1)
—

 
1

 
—

 
1

1.125% Warrants (1)
—

 
4

 
1

 
2

Denominator for diluted net income per share
56

 
60

 
56

 
55

 
 
 
 
 
 
 
 
Net income per share (2):
 
 
 
 
 
 
 
Basic
$
0.77

 
$
0.84

 
$
1.79

 
$
2.21

Diluted
$
0.76

 
$
0.77

 
$
1.77

 
$
2.07

______________________________
(1)
For more information regarding the convertible senior notes, refer to Note 10, "Debt." For more information regarding the 1.125% Warrants, refer to Note 12, "Stockholders' Equity."
(2)
Source data for calculations in thousands.