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Note 16 - Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Summary of Reconciliation of Basic and Diluted Earnings Per Share [Table Text Block]

A reconciliation of the amounts used to calculate basic and diluted earnings per share for three and nine months ended September 30, 2018 and 2017 follows (in millions):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(in millions)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Earnings (loss) from continuing operations

 

$

19

 

 

$

(46

)

 

$

(2

)

 

$

(32

)

Less: Series A convertible preferred stock cash dividend

 

 

(2

)

 

 

(3

)

 

 

(8

)

 

 

(8

)

Less: Series A convertible preferred stock deemed dividend

 

 

(3

)

 

 

(2

)

 

 

(7

)

 

 

(6

)

Earnings (loss) from continuing operations available to

   common shareholders - basic and diluted

 

$

14

 

 

$

(51

)

 

$

(17

)

 

$

(46

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss)

 

$

19

 

 

$

(46

)

 

$

(2

)

 

$

(35

)

Less: Series A convertible preferred stock cash dividend

 

 

(2

)

 

 

(3

)

 

 

(8

)

 

 

(8

)

Less: Series A convertible preferred stock deemed dividend

 

 

(3

)

 

 

(2

)

 

 

(7

)

 

 

(6

)

Net earnings (loss) available to common shareholders - basic and

   diluted

 

$

14

 

 

$

(51

)

 

$

(17

)

 

$

(49

)

 

(in millions of shares)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares - basic

 

 

42.7

 

 

 

42.5

 

 

 

42.7

 

 

 

42.5

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock units

 

 

0.3

 

 

 

—

 

 

 

—

 

 

 

—

 

Weighted average shares - diluted EPS calculation

 

 

43.0

 

 

 

42.5

 

 

 

42.7

 

 

 

42.5