Cheniere Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)

Net Income (Loss) Per Share Attributable to Common Stockholders (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles basic and diluted weighted average common shares outstanding for the three and nine months ended September 30, 2019 and 2018 (in millions, except per share data):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
Weighted average common shares outstanding:
Basic	256.0			247.2		256.8			241.9
Dilutive unvested stock	—			3.0		—			2.7
Diluted	256.0			250.2		256.8			244.6

Basic net income (loss) per share attributable to common stockholders	$	(1.25	)	$	0.26	$	(1.13	)	$	1.67
Diluted net income (loss) per share attributable to common stockholders	$	(1.25	)	$	0.26	$	(1.13	)	$	1.65

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive securities that were not included in the diluted net income (loss) per share computations because their effects would have been anti-dilutive were as follows (in millions):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
Unvested stock (1)	3.9	2.0	3.9	2.3
Convertible notes (2)	42.2	17.3	42.2	17.1
Total potentially dilutive common shares	46.1	19.3	46.1	19.4


(1)	Does not include 0.6 million shares for each of the three and nine months ended September 30, 2019 and 0.4 million shares for each of the three and nine months ended September 30, 2018 of unvested stock because the performance conditions had not yet been satisfied as of September 30, 2019 and 2018, respectively.

(2)

Includes number of shares in aggregate issuable upon conversion of the 2021 Cheniere Convertible Unsecured Notes and the 2045 Cheniere Convertible Senior Notes for all periods presented and the 2025 CCH HoldCo II Convertible Senior Notes upon the substantial completion of Train 2 of the CCL Project during the three months ended September 30, 2019.