Earnings Per Share of Common Stock
|12 Months Ended|
Dec. 31, 2017
|Earnings Per Share [Abstract]|
|Earnings Per Share of Common Stock||
EARNINGS PER SHARE OF COMMON STOCK
The table below shows a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated.
On April 1, 2016, AWI distributed 27,738,779 shares of AFI's common stock to AWI’s shareholders.
For the year ended December 31, 2017, the diluted loss per share was calculated using basic common shares outstanding, as inclusion of potentially dilutive common shares would be anti-dilutive. For the year ended December 31, 2016, the diluted earnings per share was calculated using the diluted weighted average number of common shares outstanding during the period, determined using the treasury stock method. Basic and diluted earnings per common share for the year ended December 31, 2015 was calculated using the shares distributed on April 1, 2016.
Performance-based employee compensation awards are considered potentially dilutive in the initial period in which the performance conditions are met.
The following awards were excluded from the computation of diluted (loss) earnings per share:
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef