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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Net Loss Per Share [Abstract]  
Calculation Of Net Income (Loss) Per Common Share



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



For the three months ended

 

For the nine months ended



September 30,

 

September 30,



 

 

 

 

 

 

 

 

 

 

 

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

2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic and diluted earnings (loss)

 

 

 

 

 

 

 

 

 

 

 

per share:

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Frontier common shareholders

$

(134)

 

$

(81)

 

$

(454)

 

$

(160)

Less:  Dividends paid on unvested restricted stock awards

 

(1)

 

 

(1)

 

 

(3)

 

 

(2)

Total basic and diluted net loss

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(135)

 

$

(82)

 

$

(457)

 

$

(162)



 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares and unvested restricted stock

 

 

 

 

 

 

 

 

 

 

 

awards outstanding - basic

 

1,173,075 

 

 

1,168,272 

 

 

1,172,015 

 

 

1,068,877 

Less:  Weighted average unvested restricted stock awards

 

(8,903)

 

 

(7,065)

 

 

(7,903)

 

 

(7,233)

Total weighted average shares outstanding - basic

 

1,164,172 

 

 

1,161,207 

 

 

1,164,112 

 

 

1,061,644 



 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.12)

 

$

(0.07)

 

$

(0.39)

 

$

(0.15)

   

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding - basic

 

1,164,172 

 

 

1,161,207 

 

 

1,164,112 

 

 

1,061,644 

Effect of dilutive shares

 

 -

 

 

 -

 

 

 -

 

 

 -

Total weighted average shares outstanding - diluted

 

1,164,172 

 

 

1,161,207 

 

 

1,164,112 

 

 

1,061,644 



 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

attributable to Frontier common shareholders

$

(0.12)

 

$

(0.07)

 

$

(0.39)

 

$

(0.15)