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Note 18 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Summary of Reconciliation of Basic and Diluted Earnings Per Share

A reconciliation of the amounts used to calculate basic and diluted earnings per share for quarter and six months ended June 30, 2019 and 2018 follows (in millions):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in millions)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(Loss) income from continuing operations

 

$

(6

)

 

$

3

 

 

$

(18

)

 

$

(22

)

Less: Series A convertible preferred stock cash dividend

 

 

(3

)

 

 

(3

)

 

 

(6

)

 

 

(6

)

Less: Series A convertible preferred stock deemed dividend

 

 

(2

)

 

 

(2

)

 

 

(4

)

 

 

(4

)

Loss from continuing operations available to

   common shareholders - basic and diluted

 

$

(11

)

 

$

(2

)

 

$

(28

)

 

$

(32

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

201

 

 

$

4

 

 

$

183

 

 

$

(21

)

Less: Series A convertible preferred stock cash dividend

 

 

(3

)

 

 

(3

)

 

 

(6

)

 

 

(6

)

Less: Series A convertible preferred stock deemed dividend

 

 

(2

)

 

 

(2

)

 

 

(4

)

 

 

(4

)

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

   diluted

 

$

196

 

 

$

(1

)

 

$

173

 

 

$

(31

)