XML 79 R53.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Selected Quarterly Financial Data (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Selected Quarterly Financial Data | Provided below are selected unaudited quarterly financial data for 2019 and 2018. The earnings per share information is calculated independently for each quarter based on the weighted average number of common stock and common stock equivalents outstanding, which may fluctuate, based on quarterly income levels and market prices. Therefore and due to the seasonality of the Company’s earnings, the sum of the quarters’ per share information may not equal the annual amount presented on the Consolidated Statements of Operations.
|  |  | 2019
|  |  | First |  | Second |  | Third |  | Fourth
Revenues | $ | 1,920 |  |  | $ | 2,337 |  |  | $ | 2,753 |  |  | $ | 2,162 |
Net income (loss) | (91 | ) |  | 62 |  |  | 189 |  |  | 142 |
Per share information: |  |  |  |  |  |  |
| Basic |  |  |  |  |  |  |
|  | Net income (loss) | $ | (1.20 | ) |  | $ | 0.81 |  |  | $ | 2.52 |  |  | $ | 1.92 |
|  | Weighted average shares | 75.8 |  |  | 76.0 |  |  | 75.2 |  |  | 73.9 |
| Diluted |  |  |  |  |  |  |
|  | Net income (loss) | $ | (1.20 | ) |  | $ | 0.81 |  |  | $ | 2.50 |  |  | $ | 1.90 |
|  | Weighted average shares | 75.8 |  |  | 76.4 |  |  | 75.7 |  |  | 74.4 |
|  |  | 2018
|  |  | First |  | Second |  | Third (a) |  | Fourth
Revenues | $ | 1,968 |  |  | $ | 2,328 |  |  | $ | 2,778 |  |  | $ | 2,050 |
Net income (loss) | (87 | ) |  | 26 |  |  | 213 |  |  | 13 |
Per share information: |  |  |  |  |  |  |
| Basic |  |  |  |  |  |  |
|  | Net income (loss) | $ | (1.08 | ) |  | $ | 0.33 |  |  | $ | 2.71 |  |  | $ | 0.16 |
|  | Weighted average shares | 81.0 |  |  | 80.7 |  |  | 78.8 |  |  | 76.9 |
| Diluted |  |  |  |  |  |  |
|  | Net income (loss) | $ | (1.08 | ) |  | $ | 0.32 |  |  | $ | 2.68 |  |  | $ | 0.16 |
|  | Weighted average shares | 81.0 |  |  | 81.5 |  |  | 79.5 |  |  | 77.6 |
__________ (a) Net income for the third quarter 2018 included additional tax expense of $30 million resulting from the completion of the accounting for the effects of the Tax Act for the one-time transition tax on the deemed repatriation of cumulative foreign subsidiary earnings.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration