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SEC Filings

10-K
TERRAFORM GLOBAL, INC. filed this Form 10-K on 06/15/2017
Entire Document
 

Class A Common Stock
Basic and diluted loss per share for the years ended December 31, 2016 and 2015 was calculated as follows:
 
Year Ended December 31, 2016
 
Period from IPO (August 5, 2015) to December 31, 2015
(In thousands, except per share amounts)
 
Basic and diluted loss per share:
 
 
 
Net loss attributable to Class A common stockholders
$
(53,032
)
 
$
(211,797
)
Less: dividends paid on Class A common stock and participating RSAs
(30,674
)
 
(19,887
)
Undistributed loss attributable to Class A stockholders
(83,706
)
 
(231,684
)
 
 
 
 
Weighted average shares outstanding
113,253,681

 
100,813,000

 
 
 
 
Distributed earnings per share
0.27

 
0.20

Undistributed loss per share
(0.74
)
 
(2.30
)
Basic and diluted loss per share
(0.47
)
 
(2.10
)
The computations for diluted loss per share for the year ended December 31, 2016 exclude 61,343,054 shares of Class B common stock, 4,688,975 unvested RSAs and 2,311,687 unvested RSUs because the effect would have been anti-dilutive. The computations for diluted loss per share for the year ended December 31, 2015 exclude 61,343,054 shares of Class B common stock, 7,774,554 unvested RSAs and 2,846,049 unvested RSUs because the effect would have been anti-dilutive.

17. NON-CONTROLLING INTERESTS
Non-controlling interests represent the portion of net assets in consolidated entities that are not owned by the Company. The following table presents the non-controlling interest balances by entity, reported in stockholders’ equity in the consolidated balance sheet as of December 31, 2016 and 2015:
(In thousands)
December 31, 2016
 
December 31, 2015
SunEdison's non-controlling interests in Global LLC
$
370,117

 
$
376,002

Non-controlling interests in power plants
92,308

 
105,570

       Total non-controlling interests
462,425

 
$
481,572

As of December 31, 2016, TerraForm Global, Inc. owned 64.9% of Global LLC and consolidated the results of Global LLC through its controlling interest, with SunEdison's 35.1% interest shown as a non-controlling interest.



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