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Earnings (loss) Per Share ("EPS") (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

For the three and six months ended June 30, 2015 and 2014, 6,566,619 and 1,992,899, respectively, of stock options, restricted stock awards (“RSAs”) and restricted stock units (“RSUs”) were excluded from the computation of diluted earnings (loss) per share due to their antidilutive effect. Basic and diluted earnings (loss) per share follows (in millions, except share data): 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Numerator for basic and diluted net income (loss) per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to the Company

$

(19

)

 

$

27

 

 

$

(29

)

 

$

68

 

Less: net income (loss) attributable to nonvested shares

 

 

 

 

 

 

 

1

 

 

 

 

Net income (loss) attributable to the Company's stockholders

$

(19

)

 

$

27

 

 

$

(28

)

 

$

68

 

Denominator for basic earnings (loss) per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

107,178,567

 

 

 

107,053,082

 

 

 

107,147,086

 

 

 

107,053,058

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock-based compensation

 

 

 

 

497,263

 

 

 

 

 

 

456,550

 

Denominator for diluted earnings (loss) per share attributable to the Company's stockholders

 

107,178,567

 

 

 

107,550,345

 

 

 

107,147,086

 

 

 

107,509,608

 

Earnings (loss) per share attributable to the Company's stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(0.18

)

 

$

0.25

 

 

$

(0.27

)

 

$

0.64

 

Diluted

$

(0.18

)

 

$

0.25

 

 

$

(0.27

)

 

$

0.63