XML 58 R40.htm IDEA: XBRL DOCUMENT
v3.22.0.1

EARNINGS PER SHARE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Earnings Per Share [Abstract] |
Schedule of earnings per share | Reconciliations of the components of basic and diluted net income per common share are presented in the tables below (in thousands):
| Successor |  |  | Predecessor
| Period from May 18, 2021 through December 31, 2021 |  |  | Period from January 1, 2021 through May 17, 2021 |  | Year Ended December 31, 2020 |  | Year Ended December 31, 2019
Net (loss) income | $ | (112,829) |  |  |  | $ | 250,994 |  |  | $ | (1,625,133) |  |  | $ | (2,002,358) |
Dividends on New Preferred Stock | (4,573) |  |  |  | — |  |  | — |  |  | — |
Participating securities - New Preferred Stock(1) | — |  |  |  | — |  |  | — |  |  | — |
Net (loss) income attributable to common stockholders | $ | (117,402) |  |  |  | $ | 250,994 |  |  | $ | (1,625,133) |  |  | $ | (2,002,358) |
Basic shares | 20,545 |  |  |  | 160,834 |  |  | 160,231 |  |  | 160,341 |
Basic and dilutive EPS | $ | (5.71) |  |  |  | $ | 1.56 |  |  | $ | (10.14) |  |  | $ | (12.49) |
_____________________ (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