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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share  
Earnings per share

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2015

 

2014

 

2015

 

2014

(Dollars and shares in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share attributable to TDS shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders of

   TDS used in basic earnings (loss) per share

$

23,034 

 

$

(22,050)

 

$

168,761 

 

$

(3,809)

Adjustments to compute diluted earnings (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Noncontrolling interest adjustment

 

(116)

 

 

 

 

 

(1,214)

 

 

(5)

 

Preferred dividend adjustment

 

 

 

 

 

 

 

25 

 

 

 

 

Net income (loss) attributable to common shareholders of

 

 

 

 

 

 

 

 

 

 

 

 

 

TDS used in diluted earnings (loss) per share

$

22,918 

 

$

(22,050)

 

$

167,572 

 

$

(3,814)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares used in basic

 

 

 

 

 

 

 

 

 

 

 

 

earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Shares

 

101,296 

 

 

101,543 

 

 

101,144 

 

 

101,682 

 

 

Series A Common Shares

 

7,188 

 

 

7,176 

 

 

7,183 

 

 

7,171 

 

 

 

Total

 

108,484 

 

 

108,719 

 

 

108,327 

 

 

108,853 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effects of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

896 

 

 

 

 

 

623 

 

 

 

 

Restricted stock units

 

405 

 

 

 

 

 

384 

 

 

 

 

Preferred shares

 

 

 

 

 

 

 

46 

 

 

 

Weighted average number of shares used in diluted

 

 

 

 

 

 

 

 

 

 

 

 

earnings (loss) per share

 

109,785 

 

 

108,719 

 

 

109,380 

 

 

108,853 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share attributable to TDS

 

 

 

 

 

 

 

 

 

 

 

 

shareholders

$

0.21 

 

$

(0.20)

 

$

1.56 

 

$

(0.04)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share attributable to TDS

 

 

 

 

 

 

 

 

 

 

 

 

shareholders

$

0.21 

 

$

(0.20)

 

$

1.53 

 

$

(0.04)

 

Summary of antidilutive shares

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

(Shares in thousands)

 

 

 

 

 

 

 

Stock options

4,523 

 

8,883 

 

5,304 

 

8,777 

Restricted stock units

204 

 

824 

 

104 

 

737 

Preferred shares

46 

 

56 

 

 

 

56