Earnings per Share (Tables)
|3 Months Ended|
Mar. 31, 2017
|Earnings Per Share [Abstract]|
|Components of Calculation of Basic and Diluted Earnings Per Share||
1 Dividends attributable to our Series A 6% Convertible Perpetual Preferred Stock and Series B 6% Convertible Perpetual Preferred Stock (the “Series A and B Preferred Stock”) were excluded from the computation of diluted loss per share for the three months ended March 31, 2016, as their assumed conversion would have been anti-dilutive.
2 The number of dilutive securities for the three months ended March 31, 2017, which is attributable to RSUs, was determined under the “treasury stock” method. The effect of PRSUs was anti-dilutive for the 2017 period. For the three months ended March 31, 2016, approximately 27.6 million of potentially dilutive securities, including the Series A and Series B Preferred Stock, stock options and restricted stock units, had the effect of being anti-dilutive and were excluded from the calculation of diluted loss per common share.
The following table provides a reconciliation of the components used in the calculation of basic and diluted earnings (loss) per share for the periods presented:
Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.
Reference 1: http://www.xbrl.org/2003/role/presentationRef