XML 53 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Loss Per Share [Abstract]  
Computation of Basic and Diluted Loss per Share
The computation of basic and diluted loss per share for the periods indicated is as follows:

  
Three Months Ended
March 31,
 
  
2017
  
2016
 
Numerator – Basic and Diluted:
      
Net loss
 
$
(38
)
 
$
(94
)
Less: Net income (loss) attributable to noncontrolling interest
  
3
   
(1
)
Undistributed net loss
  
(41
)
  
(93
)
Percentage allocated to ordinary shares (1)
  
100
%
  
100
%
Net loss available to ordinary shares
 
$
(41
)
 
$
(93
)
Denominator – Basic and Diluted:
        
Weighted-average ordinary shares (in thousands)
  
116,815
   
115,920
 
Net loss per Ordinary Share (2):
        
Basic and diluted net loss per ordinary share
 
$
(0.35
)
 
$
(0.80
)


(1)
Our participating securities do not have a contractual obligation to share in losses; therefore, when we have a net loss, none of the loss is allocated to participating securities. Consequently, for the three months ended March 31, 2017 and 2016, the two class method did not have an effect on our net loss per ordinary share calculation, and as such, dividends paid during the year did not impact this calculation.

(2)
Net loss per ordinary share amounts were calculated from exact, not rounded net loss and share information.
Anti-Dilutive Shares Not Recognized in Diluted Earnings per Share Calculation
Anti-dilutive shares not recognized in the diluted net loss per share calculation were as follows:

  
March 31, 2017
  
March 31, 2016
 
  
Shares
  
Average
 Exercise Price
  
Shares
  
Average
 Exercise Price
 
Options
  
1,936,618
   
21.17
   
2,078,556
  
$
21.16
 
Series A Warrants
  
1,432,622
   
8.51
   
1,438,289
  
$
8.55
 
Series B Warrants
  
1,942,323
   
9.37
   
1,947,234
  
$
9.43
 
Restricted share units
  
6,965,668
   
10.69
   
5,700,695
  
$
7.28