XML 45 R31.htm IDEA: XBRL DOCUMENT
v3.21.2

EARNINGS (LOSS) PER SHARE (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share | Reconciliations of the components of basic and diluted net (loss) income per common share are presented in the tables below:
| Successor |  |  | Predecessor
| Period from May 18, 2021 through June 30, 2021 |  |  | Period from April 1, 2021 through May 17, 2021 |  | Three Months Ended June 30, 2020
Net (loss) income | $ | (209,586) |  |  |  | $ | 242,214 |  |  | $ | (561,068) |
Dividends on New Preferred Stock | (1,031) |  |  |  | — |  |  | — |
Participating securities - New Preferred Stock(1) | — |  |  |  | — |  |  | — |
Net (loss) income attributable to common stockholders | $ | (210,617) |  |  |  | $ | 242,214 |  |  | $ | (561,068) |
Basic Shares | 20,321 |  |  |  | 160,887 |  |  | 159,934 |
Basic and Dilutive EPS | $ | (10.36) |  |  |  | $ | 1.51 |  |  | $ | (3.51) |
| Successor |  |  | Predecessor
| Period from May 18, 2021 through June 30, 2021 |  |  | Period from January 1, 2021 through May 17, 2021 |  | Six Months Ended June 30, 2020
Net income (loss) attributable to Gulfport | $ | (209,586) |  |  |  | $ | 250,996 |  |  | $ | (1,078,606) |
Dividends on New Preferred Stock | (1,031) |  |  |  | — |  |  | — |
Participating securities - New Preferred Stock(1) | — |  |  |  | — |  |  | — |
Net (loss) income attributable to common stockholders | $ | (210,617) |  |  |  | $ | 250,996 |  |  | $ | (1,078,606) |
Basic Shares | 20,321 |  |  |  | 160,834 |  |  | 159,847 |
Basic and Dilutive EPS | $ | (10.36) |  |  |  | $ | 1.56 |  |  | $ | (6.75) |
(1) | New Preferred Stock represents participating securities because they participate in any dividends on shares of common stock on a pari passu, pro rata basis. However, New Preferred Stock does not participate in undistributed net losses.

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

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration