XML 39 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net Loss Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and nine month periods ended September 30, 2017 and 2016; however, because of the undistributed losses, the shares of common stock associated with the Forward Transactions are excluded from the computation of basic earnings per share in 2017 and 2016 as undistributed losses are not allocated to these shares (in thousands, except per share amounts):

 

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

Net loss

    $ (45,281 )     $ (33,273 )     $ (130,857 )     $ (97,573 ) 

Less: Participation rights of the Forward Transactions

      —          —          —          —    
  

 

 

     

 

 

     

 

 

     

 

 

  

Undistributed losses

    $ (45,281 )     $ (33,273 )     $ (130,857 )     $ (97,573 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted-average common shares outstanding-basic and diluted

      79,543        79,003        79,340        78,864  
  

 

 

     

 

 

     

 

 

     

 

 

  

Net loss attributable to common stock per share-basic and diluted

    $ (0.57 )     $ (0.42 )     $ (1.65 )     $ (1.24 )