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Earnings Per Share ("EPS") (Tables)
9 Months Ended
Sep. 30, 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
September 30,

 

 

Nine Months Ended September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

$

10

 

 

$

20

 

 

$

42

 

 

$

36

 

Less: net income attributable to participating securities

 

 

 

 

 

 

 

 

 

 

(1

)

Net income attributable to the Company's stockholders

$

10

 

 

$

20

 

 

$

42

 

 

$

35

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic common shares outstanding

 

108,796,947

 

 

 

108,402,136

 

 

 

108,702,139

 

 

 

108,252,926

 

Effect of dilutive securities

 

337,384

 

 

 

643,371

 

 

 

467,610

 

 

 

313,348

 

Weighted average diluted common shares outstanding

 

109,134,331

 

 

 

109,045,507

 

 

 

109,169,749

 

 

 

108,566,274

 

Earnings per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.09

 

 

$

0.18

 

 

$

0.38

 

 

$

0.33

 

Diluted

$

0.09

 

 

$

0.18

 

 

$

0.38

 

 

$

0.33