Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share (Tables)

v3.19.1
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings per share A computation of loss per share from continuing operations and weighted average shares of the Company's common stock outstanding for the three months ended March 31, 2019 and 2018 follows:
 
Three Months Ended March 31,
 (dollars in millions, except per share amounts)
2019
 
2018
Net loss from continuing operations
$
(3.5
)
 
$
(8.9
)
Net income attributable to the non-controlling interests
(0.6
)
 
(1.3
)
Net loss from continuing operations attributable to common stockholders
$
(4.1
)
 
$
(10.2
)
 
 
 
 
Basic weighted average common shares outstanding
268.2

 
287.9

Denominator adjustments for diluted EPS

 

Dilutive weighted average common shares outstanding
268.2

 
287.9

 
 
 
 
Loss per share from continuing operations attributable to common stockholders:
 

 
 

Basic
$
(0.02
)
 
$
(0.04
)
Diluted
$
(0.02
)
 
$
(0.04
)
 
 
 
 
Dividends per share paid to common stockholders
$

 
$


Summary of securities excluded from computation of earnings per share For the three months ended March 31, 2019 and 2018, the following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive or because performance targets were not yet achieved for RSUs contingent upon performance:
 
Three Months Ended March 31,
 (shares in millions)
2019
 
2018
Shares issuable for the contingent consideration
5.3

 
8.7

Shares issuable upon conversion of Series A Preferred Stock
2.0

 
2.0

Shares issuable upon vesting of RSUs
1.4

 
1.1

Shares issuable upon vesting and exercise of stock options
0.1

 

Shares issuable upon conversion of PDH Common Stock

 
4.3

 Total
8.8

 
16.1