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

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share Attributable to Common Stockholders (Tables)

Net Income Per Share Attributable to Common Stockholders (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles basic and diluted weighted average common shares outstanding for the three months ended March 31, 2020 and 2019 (in millions, except per share data):



	Three Months Ended March 31,
	2020		2019
Weighted average common shares outstanding:
Basic	253.0		257.1
Dilutive unvested stock	1.1		1.4
Dilutive convertible securities	45.5		—
Diluted	299.6		258.5

Basic net income per share attributable to common stockholders	$	1.48	$	0.55
Diluted net income per share attributable to common stockholders	$	1.43	$	0.54

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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



	Three Months Ended March 31,
	2020	2019
Unvested stock (1)	2.1	2.4
Convertible notes (2)	—	17.7
Total potentially dilutive common shares	2.1	20.1


(1)	Does not include 0.7 million shares and 0.6 million shares for the three months ended March 31, 2020 and 2019, respectively, of unvested stock because the performance conditions had not yet been satisfied as of the respective dates.

(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 additionally the 2025 CCH HoldCo II Convertible Senior Notes for the three months ended March 31, 2020, following the substantial completion of Train 2 of the CCL Project in August 2019.