XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.22.1

Earnings per Share | 3 Months Ended
--- | ---
Mar. 31, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following represents a reconciliation from basic income (loss) per share to diluted income (loss) per share:
| Three Months Ended March 31,
| 2022 |  | 2021(1)
Numerator |  |  |
Net income (loss) - Basic | $ | (59,610) |  |  | $ | 77,752 |
Interest on Convertible Senior Notes due 2024, net of tax (2) | — |  |  | — |
Net Income (loss) - Diluted | $ | (59,610) |  |  | $ | 77,752 |
Denominator |  |  |
Weighted average common shares outstanding Class A, B and C - Basic | 471,425 |  |  | 456,014 |
Dilutive effect of Class A, B, and C securities (2) | — |  |  | 3,212 |
Dilutive effect of Convertible Senior Notes due 2024 (2) | — |  |  | — |
Weighted average common shares and dilutive securities outstanding Class A, B, and C | 471,425 |  |  | 459,226 |
Basic net income (loss) per share of Class A, B and C common stock | $ | (0.13) |  |  | $ | 0.17 |
Diluted net income (loss) per share of Class A, B and C common stock | $ | (0.13) |  |  | $ | 0.17 |
(1) The Company adopted ASU 2020-06 on January 1, 2022 using the modified retrospective transition approach. As a result, prior period comparatives have not been restated to conform to current period presentation. (2) Effects of potentially dilutive securities are presented only in periods in which they are dilutive. Due to the Company being in a net loss position for the three months ended March 31, 2022, there were no stock options, restricted stock units, or effects from the Convertible Notes due 2024 included in the computation of diluted earnings per share, as their effect would have been anti-dilutive. Stock options and restricted stock units representing 4.3 million shares of Class A and Class C Common Stock outstanding for the three months ended March 31, 2021 were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration