Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Attributable to Common Stockholders (Tables)

v3.7.0.1
Net Loss Per Share Attributable to Common Stockholders (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table (in millions, except per share data) reconciles basic and diluted weighted average common shares outstanding for the three and six months ended June 30, 2017 and 2016:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Weighted average common shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
232.5

 
228.3

 
232.4

 
228.2

Dilutive unvested stock
 
—

 
—

 
—

 
—

Diluted
 
232.5

 
228.3

 
232.4

 
228.2

 
 
 
 
 
 
 
 
 
Basic and diluted net loss per share attributable to common stockholders
 
$
(1.23
)
 
$
(1.31
)
 
$
(0.99
)
 
$
(2.71
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Potentially dilutive securities that were not included in the diluted net loss per share computations because their effect would have been anti-dilutive were as follows (in millions):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
Stock options and unvested stock (1)
 
1.3

 
1.9

 
1.3

 
1.9

Convertible notes (2)
 
16.6

 
16.0

 
16.6

 
16.0

Total potentially dilutive common shares
 
17.9

 
17.9

 
17.9

 
17.9

 
(1)
Does not include 5.1 million shares for each of the three and six months ended June 30, 2017 and 5.4 million shares for each of the three and six months ended June 30, 2016 of unvested stock because the performance conditions had not yet been satisfied as of June 30, 2017 and 2016.
(2)
Includes number of shares in aggregate issuable upon conversion of the 2021 Cheniere Convertible Unsecured Notes and the 2045 Cheniere Convertible Senior Notes. There were no shares included in the computation of diluted net loss per share for the 2025 CCH HoldCo II Convertible Senior Notes because substantive non-market-based contingencies underlying the eligible conversion date have not been met as of June 30, 2017.