Per Share Information

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Net income (loss) from continuing operations	$	86,058		$	166,526		$	133,898		$	278,260
Dividends on preferred stock	(10,997		)	(10,997		)	(21,994		)	(21,994		)
Net income (loss) from continuing operations attributable to CCIC common stockholders for basic and diluted computations	$	75,061		$	155,529		$	111,904		$	256,266

Income (loss) from discontinued operations, net of tax	—			987,852			—			1,001,230
Less: Net income (loss) attributable to the noncontrolling interest	—			1,018			—			3,343
Net income (loss) from discontinued operations attributable to CCIC common stockholders for basic and diluted computations	$	—		$	986,834		$	—		$	997,887

Weighted-average number of common shares outstanding (in thousands):
Basic weighted-average number of common stock outstanding	337,560			333,091			335,857			332,902
Effect of assumed dilution from potential common shares relating to restricted stock units and restricted stock awards	1,049			642			801			763
Diluted weighted-average number of common shares outstanding	338,609			333,733			336,658			333,665

Net income (loss) attributable to CCIC common stockholders, per common share:
Income (loss) from continuing operations, basic	0.22			0.47			0.33			0.77
Income (loss) from discontinued operations, basic	—			2.96			—			3.00
Net income (loss) attributable to CCIC common stockholders, basic	0.22			3.43			0.33			3.77
Income (loss) from continuing operations, diluted	0.22			0.47			0.33			0.77
Income (loss) from discontinued operations, diluted	—			2.95			—			2.99
Net income (loss) attributable to CCIC common stockholders, diluted	0.22			3.42			0.33			3.76

During the six months ended June 30, 2016, the Company granted 1.3 million restricted stock units. For the six months ended June 30, 2016 and 2015, 11.5 million and 11.9 million common share equivalents, respectively, 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.