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Earnings Per Share (“EPS”) (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

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

 

 

Three Months Ended March 31,

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

Net income attributable to the Company

$

18

 

 

$

2

 

Less: net income attributable to participating securities

 

 

 

 

 

Net income attributable to the Company's stockholders

$

18

 

 

$

2

 

Denominator:

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

108,556,369

 

 

 

108,074,718

 

Effect of dilutive securities

 

504,426

 

 

 

98,041

 

Weighted average diluted common shares outstanding

 

109,060,795

 

 

 

108,172,759

 

Earnings per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

Basic

$

0.17

 

 

$

0.02

 

Diluted

$

0.16

 

 

$

0.02