Per Share Information

3 Months Ended

Mar. 31, 2017

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 previously outstanding Convertible Preferred Stock, which converted to common stock during the fourth quarter of 2016, as determined under the if-converted method, for the three months ended March 31, 2016.



	Three Months Ended March 31,
	2017		2016
Net income (loss) attributable to CCIC stockholders	$	119,138	$	47,840
Dividends on preferred stock	—		(10,997		)
Net income (loss) attributable to CCIC common stockholders for basic and diluted computations	$	119,138	$	36,843

Weighted-average number of common shares outstanding (in thousands):
Basic weighted-average number of common stock outstanding	360,832		334,155
Effect of assumed dilution from potential common shares relating to restricted stock units and restricted stock awards	895		774
Diluted weighted-average number of common shares outstanding	361,727		334,929

Net income (loss) attributable to CCIC common stockholders, per common share:
Basic	0.33		0.11
Diluted	0.33		0.11

During the three months ended March 31, 2017, the Company granted 1.2 million restricted stock units. For the three months ended March 31, 2016, 11.4 million common share equivalents, respectively, related to the previously outstanding 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.