Annual report pursuant to Section 13 and 15(d)

LOSS PER SHARE

v3.19.3.a.u2
LOSS PER SHARE
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
LOSS PER SHARE
NOTE 16 — LOSS PER SHARE
The following table summarizes the computation of basic and diluted loss per share (in thousands, except per-share amounts):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Net loss
$
(151,767
)
 
$
(125,745
)
 
$
(231,459
)
Basic and diluted weighted average common shares outstanding
218,548

 
211,574

 
188,536

Loss per share:
 
 
 
 
 
     Basic and diluted
$
(0.69
)
 
$
(0.59
)
 
$
(1.23
)

As of December 31, 2019, 2018 and 2017, the effect of 24.6 million, 24.4 million and 19.9 million, respectively, of unvested restricted stock awards that could potentially dilute basic EPS in the future were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented. In addition, as of December 31, 2019, 2018 and 2017, the effect of 1.9 million, 2.0 million and 2.0 million options, respectively, and, as of December 31, 2019 and 2018, the effect of 6.1 million and 6.1 million shares of the Preferred Stock, respectively, all of which could potentially dilute basic EPS in the future, were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented. As such, basic and diluted EPS are the same for all periods presented.