XML 31 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings per Share
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following represents a reconciliation from basic earnings per share to diluted earnings per share:
 
Three Months Ended
March 31,
(In thousands, except per share amounts)
2018
 
2017
Numerator
 
 
 
Net loss
$
(30,244
)
 
$
(2,272
)
Denominator
 
 
 
Weighted average common shares outstanding Class A, B and C
443,052

 
439,360

 
 
 
 
Basic net loss per share of Class A, B and C common stock
$
(0.07
)
 
$
(0.01
)
Diluted net loss per share of Class A, B and C common stock
$
(0.07
)
 
$
(0.01
)


Effects of potentially dilutive securities are presented only in periods in which they are dilutive. Due to the Company being in a net loss position for the three months ended March 31, 2018 and 2017, there were no warrants, stock options, or restricted stock units included in the computation of diluted earnings per share, as their effect would have been anti-dilutive.