8. Loss Per Share (“EPS”)

For the three and nine months ended September 30, 2017 and 2016, 8,141,971 and 8,038,097, 7,430,510 and 7,264,566, respectively, of potentially dilutive shares were excluded from the computation of diluted loss per share due to the Company recognizing a net loss for the period.

Basic and diluted loss per share follows (in millions, except share data):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016

Numerator:
Net loss attributable to the Company's stockholders	$	(9	)	$	(56	)	$	(49	)	$	(163	)
Denominator:
Weighted average basic common shares outstanding		107,752,427			107,473,952			107,695,277			107,396,681
Effect of dilutive securities		—			—			—			—
Weighted average diluted common shares outstanding		107,752,427			107,473,952			107,695,277			107,396,681
Loss per share attributable to the Company's stockholders:
Basic	$	(0.08	)	$	(0.53	)	$	(0.45	)	$	(1.52	)
Diluted	$	(0.08	)	$	(0.53	)	$	(0.45	)	$	(1.52	)

ASC Topic 260, “Earnings Per Share,” requires companies with unvested participating securities to utilize a two-class method for the computation of net income attributable to the Company per share. The two-class method requires a portion of net income attributable to the Company to be allocated to participating securities, which are unvested awards of share-based payments with non-forfeitable rights to receive dividends or dividend equivalents, if declared. Net losses are not allocated to nonvested shares in periods that the Company determines that those shares are not obligated to participate in losses.