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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Net Income (Loss) Per Share [Abstract]  
Calculation Of Net Income (Loss) Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

($ in millions and shares in thousands, except per share amounts)

 

 

 

 

2015

 

2014

 

2013

Net income (loss) used for basic and diluted earnings 

 

 

 

 

 

 

 

 

per share:

 

 

 

 

 

 

 

 

Net income (loss) attributable to Frontier common shareholders

$

(316)

 

$

133 

 

$

113 

Less:  Dividends paid on unvested restricted stock awards

 

(3)

 

 

(3)

 

 

(3)

Total basic and diluted net income (loss) attributable to Frontier

 

 

 

 

 

 

 

 

common shareholders

$

(319)

 

$

130 

 

$

110 

 

 

 

 

 

 

 

 

 

Basic earnings per share:

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,091,798 

 

 

1,001,812 

 

 

999,126 

Less:  Weighted average unvested restricted stock awards

 

(7,192)

 

 

(7,394)

 

 

(6,467)

Total weighted average shares outstanding - basic

 

1,084,606 

 

 

994,418 

 

 

992,659 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share attributable to Frontier

 

 

 

 

 

 

 

 

common shareholders

$

(0.29)

 

$

0.13 

 

$

0.11 

  

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

1,084,606 

 

 

994,418 

 

 

992,659 

Effect of dilutive shares

 

 -

 

 

3,744 

 

 

1,338 

Total weighted average shares outstanding - diluted

 

1,084,606 

 

 

998,162 

 

 

993,997 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share attributable to Frontier

 

 

 

 

 

 

 

 

common shareholders

$

(0.29)

 

$

0.13 

 

$

0.11