Per Share Information

3 Months Ended

Mar. 31, 2016

Basic net income (loss) attributable to CCIC common stockholders, per common share, excludes dilution and is computed by dividing net income (loss) attributable to CCIC common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) attributable to CCIC common stockholders, per common share is computed by dividing net income (loss) attributable to CCIC common stockholders by the weighted-average number of common shares outstanding during the period plus any potential dilutive common share equivalents, including shares issuable (1) upon the vesting of restricted stock awards and restricted stock units as determined under the treasury stock method and (2) upon conversion of the Company's Convertible Preferred Stock, as determined under the if-converted method.



	Three Months Ended March 31,
	2016			2015
Net income (loss) from continuing operations	$	47,840		$	111,734
Dividends on preferred stock	(10,997		)	(10,997		)
Net income (loss) from continuing operations attributable to CCIC common stockholders for basic and diluted computations	$	36,843		$	100,737

Income (loss) from discontinued operations, net of tax	—			13,378
Less: Net income (loss) attributable to the noncontrolling interest	—			2,325
Net income (loss) from discontinued operations attributable to CCIC common stockholders for basic and diluted computations	$	—		$	11,053

Weighted-average number of common shares outstanding (in thousands):
Basic weighted-average number of common stock outstanding	334,155			332,712
Effect of assumed dilution from potential common shares relating to restricted stock units and restricted stock awards	774			773
Diluted weighted-average number of common shares outstanding	334,929			333,485

Net income (loss) attributable to CCIC common stockholders, per common share:
Income (loss) from continuing operations, basic	0.11			0.30
Income (loss) from discontinued operations, basic	—			0.04
Net income (loss) attributable to CCIC common stockholders, basic	0.11			0.34
Income (loss) from continuing operations, diluted	0.11			0.30
Income (loss) from discontinued operations, diluted	—			0.04
Net income (loss) attributable to CCIC common stockholders, diluted	0.11			0.34

During the three months ended March 31, 2016, the Company granted 1.2 million restricted stock units. For each of the three months ended March 31, 2016 and 2015, 11.4 million common share equivalents related to the Convertible Preferred Stock were excluded from the dilutive common shares because the impact of such conversion would be anti-dilutive, based on the Company's common stock price as of the end of the respective periods.