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Per Share Information
3 Months Ended
Mar. 31, 2018
Per Share Information  
Per Share Information
Per Share Information
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. For the three months ended March 31, 2018, 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 units as determined under the treasury stock method and (2) upon conversion of the Company's 6.875% Mandatory Convertible Preferred Stock (as defined in note 10), as determined under the if-converted method. For the three months ended March 31, 2017, 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 upon the vesting of restricted stock units as determined under the treasury stock method.
 
Three Months Ended March 31,
 
2018
 
2017
Net income (loss) attributable to CCIC stockholders
$
114

 
$
119

Dividends on preferred stock
(28
)
 

Net income (loss) attributable to CCIC common stockholders for basic and diluted computations
$
86

 
$
119

 
 
 
 
Weighted-average number of common shares outstanding (in millions):
 
 
 
Basic weighted-average number of common stock outstanding
409

 
361

Effect of assumed dilution from potential common shares relating to restricted stock units
1

 
1

Diluted weighted-average number of common shares outstanding
410

 
362

 
 
 
 
Net income (loss) attributable to CCIC common stockholders, per common share:
 
 
 
Basic
$
0.21

 
$
0.33

Diluted
$
0.21

 
$
0.33


During the three months ended March 31, 2018, the Company granted 1 million restricted stock units. For the three months ended March 31, 2018, 15 million common share equivalents related to the 6.875% Mandatory 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 March 31, 2018.