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Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Common Share

v3.20.2
Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2020
Earnings (Loss) Per Common Share Ìý
Earnings (Loss) Per Common Share

(3)ÌýÌýÌýEarnings (Loss) Per Common Share

Basic earnings (loss) per common share ("EPS") is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding ("WASO") for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares as if they had been converted at the beginning of the periods presented. Potentially dilutive shares are excluded from the computation of diluted EPS during periods in which losses are reported since the result would be antidilutive.

Excluded from diluted EPS for both of the three and nine months ended SeptemberÌý30, 2020 and 2019 are 29 million potential common shares, because their inclusion would have been antidilutive.

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º¬Ð߲ݴ«Ã½ÌýCommonÌýStock

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Three months ended

ÌýÌýÌýÌý

Nine months ended

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SeptemberÌý30,

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SeptemberÌý30,

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2020

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2019

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2020

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2019

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numberÌýofÌýsharesÌýinÌýmillions

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Basic WASO

Ìý

417

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417

Ìý

417

Ìý

426

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Potentially dilutive shares

Ìý

4

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1

Ìý

3

Ìý

1

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Diluted WASO

Ìý

421

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418

Ìý

420

Ìý

427

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