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Loss Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
LOSS PER SHARE
LOSS PER SHARE
A computation of weighted average shares of common stock outstanding and loss per share for 2017, 2016 and 2015 follows:
 
 
Year Ended December 31,
 ($ amounts in millions, except per share amounts)
 
2017
 
2016
 
2015
Net loss attributable to common stockholders
 
$
(296.2
)
 
$
(40.8
)
 
$
(308.6
)
Numerator adjustments for diluted loss per share:
 
 
 
 
 
 
Gain on settlement agreement related to Series B Convertible Preferred Stock
 

 
(103.0
)
 

Gain on amendment of Series B Convertible Preferred Stock
 

 
(32.9
)
 

Remeasurement adjustment associated with the Preferred Series B redemption liability
 

 
5.0

 

Loss allocated to PDH non-controlling interest
 

 
(5.9
)
 

Net loss attributable to common stockholders for diluted loss per share
 
$
(296.2
)
 
$
(177.6
)
 
$
(308.6
)
 
 
 
 
 
 
 
Basic weighted average common stock outstanding
 
286.1

 
243.3

 
203.2

Denominator adjustments for diluted loss per share:
 
 
 
 
 
 
Conversion related to the amendment of the Series B Convertible Preferred Stock - assumed at beginning of reporting period
 

 
15.3

 

Settlement of preferred stock redemption liability - assumed at beginning of reporting period
 

 
5.7

 

Conversion of PDH non-controlling interest
 

 
8.0

 

Share adjustments
 

 
29.0

 

Dilutive weighted average common stock outstanding
 
286.1

 
272.3

 
203.2

 
 
 
 
 
 
 
Loss per share attributable to common stockholders:
 
  

 
  

 
  

Basic
 
$
(1.04
)
 
$
(0.17
)
 
$
(1.52
)
Diluted
 
$
(1.04
)
 
$
(0.65
)
 
$
(1.52
)
 
 
 
 
 
 
 
Dividends per share paid to common stockholders
 
$

 
$

 
$


For 2017, 2016 and 2015, the following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive, or because performance targets and/or market conditions were not yet met for awards contingent upon such measures:
 
 
Year Ended December 31,
 (amounts in thousands)
 
2017
 
2016
 
2015
Shares issuable for the contingent consideration
 
7,421

 
8,553

 
4,640

Shares issuable upon conversion of PDH Common Stock
 
5,967

 

 
8,318

Shares issuable upon conversion of Series A Preferred Stock
 
2,000

 
2,000

 
2,000

Shares issuable upon vesting of RSUs
 
842

 
147

 
74

Shares issuable upon vesting and exercise of stock options
 
51

 

 
55

Shares issuable under the ESPP
 
3

 
2

 
1

Shares issuable upon conversion of Series B Convertible Preferred Stock
 

 

 
19,443

Shares contingently issuable to Founder Entities as stock dividend to Series A Preferred Stock
 

 

 
1,239

 Total shares excluded
 
16,284

 
10,702

 
35,770