XML 81 R40.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Computation of Basic and Diluted Net Income (Loss) per Share

The following table sets forth the computation of basic and diluted net income (loss) per share:


	Year Ended December 31,
	2021		2020		2019
	(in thousands, except unit and per unit amounts)
Numerator:
Net income (loss)	$	(432,227)	$	(216,124)	$	46,709
Less: net (income) loss attributable to Predecessor	339,168		118,649		(45,839)
Less: net (income) loss attributable to noncontrolling interests	14,922		97,475		(870)
Less: net (income) loss attributable to redeemable noncontrolling interests	58,761		—		—
Net income (loss) attributable to Crescent Energy	$	(19,376)	$	—	$	—
Denominator:
Weighted-average Class A common stock outstanding - basic and diluted (1)	41,954,385
Weighted-average Class B common stock outstanding - basic and diluted	127,536,463
Net income (loss) per share:
Class A common stock - basic and diluted (1)	$	(0.46)
Class B common stock - basic and diluted	$	—

(1)Represents weighted-average Class A common stock outstanding and net loss per share of Class A common stock for the period subsequent to the Merger Transactions.