XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings (Loss) Per Share | 9 Months Ended
--- | ---
Sep. 30, 2020
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | 11. Earnings (Loss) Per Share For the three and nine months ended September 30, 2020, the computation of diluted earnings per share excluded potentially dilutive shares of approximately 6 million in both periods due to the Company recognizing a net loss, compared to 5 million and 4 million, respectively, for the corresponding periods of 2019 due to their antidilutive effect. 13 Basic and diluted earnings (loss) per share are as follows (in millions, except share data):
| Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
| 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to the Company | $ | (22 | ) |  | $ | 10 |  |  | $ | (383 | ) |  | $ | 42 |
Less: net income attributable to participating securities |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net income (loss) attributable to the Company's stockholders | $ | (22 | ) |  | $ | 10 |  |  | $ | (383 | ) |  | $ | 42 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average basic common shares outstanding |  | 109,379,627 |  |  |  | 108,796,947 |  |  |  | 109,323,228 |  |  |  | 108,702,139 |
Effect of dilutive securities |  | — |  |  |  | 337,384 |  |  |  | — |  |  |  | 467,610 |
Weighted average diluted common shares outstanding |  | 109,379,627 |  |  |  | 109,134,331 |  |  |  | 109,323,228 |  |  |  | 109,169,749 |
Earnings (loss) per share attributable to the Company's stockholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | (0.20 | ) |  | $ | 0.09 |  |  | $ | (3.50 | ) |  | $ | 0.38 |
Diluted | $ | (0.20 | ) |  | $ | 0.09 |  |  | $ | (3.50 | ) |  | $ | 0.38 |
Under ASC Topic 260, “Earnings 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 loss is not allocated to unvested awards in periods the Company determines that those shares are not obligated to participate in losses. For the periods that the Company recognized net income, net income attributable to the Company allocated to these participating securities was excluded from net income attributable to the Company’s stockholders in the numerator of the earnings per share computation. Net income attributable to the Company allocated to these participating securities was less than $1 million for the three and nine months ended September 30, 2019.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration