XML 77 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings per share

The amounts used in computing earnings (loss) per common share and the effects of potentially dilutive securities on the weighted average number of common shares were as follows:

Year Ended December 31,

2016

 

2015

 

2014

(Dollars and shares in millions, except earnings per share)

 

 

 

 

 

Basic earnings (loss) per share available to TDS common

 

 

 

 

 

 

 

 

shareholders:

 

 

 

 

 

 

 

 

Net income (loss) available to TDS common shareholders

    used in basic earnings (loss) per share

$

43 

 

$

219 

 

$

(136)

Adjustments to compute diluted earnings:

 

 

 

 

 

 

 

 

 

Noncontrolling interest adjustment

 

– 

 

 

(1)

 

 

– 

Net income (loss) available to TDS common shareholders

$

43 

 

$

218 

 

$

(136)

used in diluted earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares used in basic

 

 

 

 

 

 

 

 

 

earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

Common Shares

 

103 

 

 

102 

 

 

101 

 

 

Series A Common Shares

 

7 

 

 

7 

 

 

7 

 

 

 

Total

 

110 

 

 

109 

 

 

108 

 

 

 

 

 

 

 

 

 

 

 

 

Effects of dilutive securities1

 

1 

 

 

1 

 

 

– 

Weighted average number of shares used in diluted

 

 

 

 

 

 

 

 

 

earnings (loss) per share

 

111 

 

 

110 

 

 

108 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share available to TDS common

 

 

 

 

 

 

 

 

 

shareholders

$

0.39 

 

$

2.02 

 

$

(1.26)

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share available to TDS common

 

 

 

 

 

 

 

 

 

shareholders

$

0.39 

 

$

1.98 

 

$

(1.26)

 

 

 

 

 

 

 

 

 

 

 

 

1

There were no effects of dilutive securities in 2014 due to the net loss for the year.