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Net (Loss) Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Net (Loss) Earnings Per Share [Abstract]  
Reconciliation Of Net (Loss) Income Per Share

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

For the three months ended
June 30,

For the six months ended
June 30,

2023

2022

2023

2022

Net (loss) income used for basic and diluted earnings

per share:

Total basic net (loss) income

attributable to Frontier common shareholders

$

(2)

$

101 

$

1

$

166 

Effect of loss related to dilutive stock units

-

-

-

-

Total diluted net (loss) income

attributable to Frontier common shareholders

$

(2)

$

101 

$

1

$

166 

Basic earnings per share:

Total weighted average shares and unvested restricted

stock awards outstanding - basic

245,474 

244,723 

245,285 

244,592 

Less: Weighted average unvested restricted stock awards

-

-

-

-

Total weighted average shares outstanding - basic

245,474 

244,723 

245,285 

244,592 

Basic net earnings (loss) per share

attributable to Frontier common shareholders

$

(0.01)

$

0.41 

$

0.00

$

0.68 

Diluted earnings per share:

Total weighted average shares outstanding - basic

245,474 

244,723 

245,285

244,592 

Effect of dilutive performance stock awards

-

-

750

-

Effect of dilutive restricted stock awards

-

-

482

239 

Total weighted average shares outstanding - diluted

245,474 

244,723 

246,517

244,831 

Diluted net earnings (loss) per share

attributable to Frontier common shareholders

$

(0.01)

$

0.41 

$

0.00

$

0.68