XML 63 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding
The computations of basic and diluted earnings (loss) per share are as follows:
 
For the Year
 
2016
 
2015
 
2014
 
(In thousands)
Numerator:
 
 
 
 
 
Continuing operations
 
 
 
 
 
Net income (loss) from continuing operations
$
77,044

 
$
(26,241
)
 
$
36,697

Less: Net (income) attributable to noncontrolling interest
(1,531
)
 
(676
)
 
(505
)
Earnings (loss) available for diluted earnings per share
$
75,513

 
$
(26,917
)
 
$
36,192

Less: Undistributed net income from continuing operations allocated to participating securities
(13,493
)
 

 
(6,586
)
Earnings (loss) from continuing operations available to common shareholders for basic earnings per share
$
62,020

 
$
(26,917
)
 
$
29,606

 
 
 
 
 
 
Discontinued operations
 
 
 
 
 
Net income (loss) from discontinued operations available for diluted earnings per share
(16,865
)
 
(186,130
)
 
(19,609
)
Less: Undistributed net income from discontinued operations allocated to participating securities
3,014

 

 
3,569

Earnings (loss) from discontinued operations available to common shareholders for basic earnings per share
(13,851
)
 
(186,130
)
 
(16,040
)
Denominator:
 
 
 
 
 
Weighted average common shares outstanding — basic
34,546

 
34,266

 
35,317

Weighted average common shares upon conversion of participating securities (a)
7,515

 

 
7,857

Dilutive effect of stock options, restricted stock and equity-settled awards
273

 

 
422

Total weighted average shares outstanding — diluted
42,334

 
34,266

 
43,596

Anti-dilutive awards excluded from diluted weighted average shares outstanding
2,102

 
10,864

 
2,238


 _____________________
(a)
Our earnings per share calculation reflects the weighted average shares issuable upon settlement of the prepaid stock purchase contract component of our 6.00% tangible equity units, issued in 2013.