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EARNINGS PER SHARE (EPS) (Tables) | 12 Months Ended
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Dec. 31, 2017
EARNINGS PER SHARE (EPS) |
Schedule of earnings per share |
|  | 2017 |
|  | Common |  | Preferred |  | Total |
|  | (in thousands, except share and per share data) |
Basic numerator |  |  |  |  |  |  |
Allocated net income (loss) available to common and preferred shareholders |  | (120,267 | ) | (239,093 | ) | (359,360 | )
Basic denominator |  |  |  |  |  |  |
Weighted-average outstanding shares, after deducting the average tresuary shares |  | 571,929,945 |  | 1,137,012,265 |  |  |
Earnings per share (in R$) — Basic |  | (0.21 | ) | (0.21 | ) |  |
|  | 2016 |
|  | Common |  | Preferred |  | Total |
|  | (in thousands, except share and per share data) |
Basic numerator |  |  |  |  |  |  |
Allocated net income (loss) available to common and preferred shareholders |  | (969,954 | ) | (1,920,857 | ) | (2,890,811 | )
Basic denominator |  |  |  |  |  |  |
Weighted-average outstanding shares, after deducting the average tresuary shares |  | 571,929,945 |  | 1,132,626,373 |  |  |
Earnings per share (in R$) — Basic |  | (1.70 | ) | (1.70 | ) |  |
|  | 2015 |
|  | Common |  | Preferred |  | Total |
|  | (in thousands, except share and per share data) |
Basic numerator |  |  |  |  |  |  |
Allocated net income (loss) available to common and preferred shareholders |  | (1,541,242 | ) | (3,010,196 | ) | (4,551,438 | )
Basic denominator |  |  |  |  |  |  |
Weighted-average outstanding shares, after deducting the average tresuary shares |  | 571,929,945 |  | 1,117,034,926 |  |  |
Earnings per share (in R$) — Basic |  | (2.69 | ) | (2.69 | ) |  |

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