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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted net loss per common share (amounts in millions, except per share amounts):
Computation of earnings per share
Three Months Ended March 31, 2020
 
Three Months Ended March 31, 2019
Net loss attributable to Mr. Cooper
$
(168
)
 
$
(186
)
Less: Undistributed earnings attributable to participating stockholders

 

Net loss attributable to common stockholders
$
(168
)
 
$
(186
)
 
 
 
 
Net loss per common share attributable to Mr. Cooper:
 
 
 
Basic
$
(1.84
)
 
$
(2.05
)
Diluted
$
(1.84
)
 
$
(2.05
)
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
Basic
91,385

 
90,828

Dilutive effect of stock awards(1)

 

Dilutive effect of participating securities(1)

 

Diluted
91,385

 
90,828


(1) 
Due to year-to-date loss, the Company excluded potential common shares from the computation of diluted EPS because inclusion would be antidilutive.