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Net Income Per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share
 
Successor
 
 
Predecessor
(in millions, except per share amounts)
Year Ended
December 31, 2015
 
Three Months Ended
December 31, 2014
 
 
Nine Months Ended
September 30, 2014
 
 
 
 
 
 
 
Numerators:
 
 
 
 
 
 
Net income (loss) - basic
$
(187.4
)
 
$
(42.3
)
 
 
$
340.1

Interest expense on convertible notes
—

 
—

 
 
9.0

Net income (loss), if converted - diluted
$
(187.4
)
 
$
(42.3
)
 
 
$
349.1

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average common shares
9.0

 
9.0

 
 
5.0

Less: Weighted average unvested restricted stock
—

 
—

 
 
0.1

Denominator for basic calculation
9.0

 
9.0

 
 
4.9

 
 
 
 
 
 
 
Weighted average effect of dilutive securities:
 
 
 
 
 
 
Stock compensation awards (a)
—

 
—

 
 
—

Convertible notes
—

 
—

 
 
1.8

Convertible preferred stock:
 

 
 
 
 
 

Equivalent common shares
—

 
—

 
 
27.2

Less: share issuance limitation (b)
—

 
—

 
 
26.3

Net allowable common shares
—

 
—

 
 
0.9

Subtotal
—

 
—

 
 
2.7

Less: shares excluded in a period of a net loss
—

 
—

 
 
—

Weighted average effect of dilutive securities
—

 
—

 
 
2.7

Denominator for diluted calculation
9.0

 
9.0

 
 
7.6

 
 
 
 
 
 
 
Net income (loss) per share - basic
$
(20.82
)
 
$
(4.70
)
 
 
$
69.41

Net income (loss) per share - diluted
$
(20.82
)
 
$
(4.70
)
 
 
$
45.93
Schedule of Securities Excluded from Net Income Per Share
 
Successor
 
 
Predecessor
 
 
Year Ended
December 31, 2015
 
 
Three Months Ended
December 31, 2014
 
 
Nine Months Ended
September 30, 2014
 
Options excluded from diluted net income per share
375,000

 
 
—

 
 
200

 
Warrants excluded from diluted net income per share
N/A

 
 
N/A

 
 
250,000

 
Exercise price of excluded options
$
3.90

to
 
$
—

 
 
$
283.25

to
 
$
5.62

 
 


 
 
$
357.00

 
Exercise price of excluded warrants
N/A

 
 
N/A

 
 
$
187.50