XML 26 R53.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Supplementary Data | The unaudited quarterly consolidated results of operations are summarized in the tables below:
| Successor
| Year Ended December 31, 2019
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Service related revenue, net | $ | 84 |  |  | $ | 137 |  |  | $ | 258 |  |  | $ | 430 |
Net gain on mortgage loans held for sale | 166 |  |  | 262 |  |  | 360 |  |  | 310 |
Total revenues | 250 |  |  | 399 |  |  | 618 |  |  | 740 |
Total expenses | 443 |  |  | 492 |  |  | 478 |  |  | 438 |
Total other income (expenses), net | (40 | ) |  | (24 | ) |  | (33 | ) |  | (62 | )
(Loss) income before income tax (benefit) expense | (233 | ) |  | (117 | ) |  | 107 |  |  | 240 |
Less: Income tax (benefit) expense | (47 | ) |  | (29 | ) |  | 24 |  |  | (221 | )
Net (loss) income | (186 | ) |  | (88 | ) |  | 83 |  |  | 461 |
Less: Net loss attributable to non-controlling interests | — |  |  | (1 | ) |  | (1 | ) |  | (2 | )
Net (loss) income attributable to Mr. Cooper | $ | (186 | ) |  | $ | (87 | ) |  | $ | 84 |  |  | $ | 463 |
Less: Undistributed earnings attributable to participating stockholders(1) | — |  |  | — |  |  | 1 |  |  | 4 |
Net (loss) income attributable to common stockholders | $ | (186 | ) |  | $ | (87 | ) |  | $ | 83 |  |  | $ | 459 |
Net (loss) income per common share attributable to Mr. Cooper common stockholders: |  |  |  |  |  |  |
Basic | $ | (2.05 | ) |  | $ | (0.96 | ) |  | $ | 0.91 |  |  | $ | 5.03 |
Diluted | $ | (2.05 | ) |  | $ | (0.96 | ) |  | $ | 0.90 |  |  | $ | 4.95 |
| Predecessor |  |  | Successor
| Quarter Ended March 31, 2018 |  | Quarter Ended June 30, 2018 |  | One Month Ended July 31, 2018 |  |  | Two Months Ended September 30, 2018 |  | Quarter Ended December 31, 2018
Service related revenue, net | $ | 464 |  |  | $ | 317 |  |  | $ | 120 |  |  |  | $ | 259 |  |  | $ | 159 |
Net gain on mortgage loans held for sale | 124 |  |  | 127 |  |  | 44 |  |  |  | 83 |  |  | 93 |
Total revenues | 588 |  |  | 444 |  |  | 164 |  |  |  | 342 |  |  | 252 |
Total expenses | 364 |  |  | 339 |  |  | 242 |  |  |  | 275 |  |  | 432 |
Total other income (expenses), net | (18 | ) |  | (26 | ) |  | (5 | ) |  |  | (26 | ) |  | 2 |
Income (loss) before income tax expense (benefit) | 206 |  |  | 79 |  |  | (83 | ) |  |  | 41 |  |  | (178 | )
Less: Income tax expense (benefit) | 46 |  |  | 21 |  |  | (19 | ) |  |  | (979 | ) |  | (42 | )
Net income (loss) | 160 |  |  | 58 |  |  | (64 | ) |  |  | 1,020 |  |  | (136 | )
Less: Net income attributable to non-controlling interests | — |  |  | — |  |  | — |  |  |  | — |  |  | — |
Net income (loss) attributable to Predecessor/Successor | 160 |  |  | 58 |  |  | (64 | ) |  |  | 1,020 |  |  | (136 | )
Less: Undistributed earnings attributable to participating stockholders(1) | — |  |  | — |  |  | — |  |  |  | 9 |  |  | — |
Net income (loss) attributable to common stockholders | $ | 160 |  |  | $ | 58 |  |  | $ | (64 | ) |  |  | $ | 1,011 |  |  | $ | (136 | )
Net income (loss) per common share attributable to Predecessor/Successor common stockholders: |  |  |  |  |  |  |  |  |  |
Basic | $ | 1.63 |  |  | $ | 0.59 |  |  | $ | (0.65 | ) |  |  | $ | 11.13 |  |  | $ | (1.50 | )
Diluted | $ | 1.61 |  |  | $ | 0.59 |  |  | $ | (0.65 | ) |  |  | $ | 10.99 |  |  | $ | (1.50 | )
(1) | Undistributed earnings allocated to participating securities and earnings per share are computed independently for each period. Accordingly, the sum of each quarterly amount may not agree to the year-to-date total.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118952077&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration