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STOCKHOLDER'S EQUITY (DEFICIT) (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Schedule of Stock by Class
The following table presents the balances of the Company's Class A, Class B, Class C and Class D Common Stock as of June 30, 2019 and December 31, 2018 are as below:
(In thousands, except share and per share data)
Successor Company
 
 
Predecessor Company
 
June 30,
2019
 
 
December 31,
2018
 
(Unaudited)
 
 
 
Predecessor Class A Common Stock, par value $.001 per share, authorized 400,000,000 shares, no shares issued in 2019 and 32,292,944 shares issued in 2018
—

 
 
32

Predecessor Class B Common Stock, par value $.001 per share, authorized 150,000,000 shares, no shares issued in 2019 and 555,556 shares issued in 2018
—

 
 
1

Predecessor Class C Common Stock, par value $.001 per share, authorized 100,000,000 shares, no shares issued in 2019 and 58,967,502 shares issued in 2018
—

 
 
59

Predecessor Class D Common Stock, par value $.001 per share, authorized 200,000,000 shares, no shares issued in 2019 and 2018
—

 
 
—
Computation of Income (Loss) Per Share
Computation of Income (Loss) per Share
(In thousands, except per share data)
Successor Company
 
 
Predecessor Company
 
Period from May 2, 2019 through June 30,
 
 
Period from April 1, 2019 through May 1,
 
Three Months Ended June 30,
 
2019
 
 
2019
 
2018
NUMERATOR:
 
 
 
 
 
 
Net loss attributable to the Company – common shares
$
38,793

 
 
$
11,298,524

 
$
(69,899
)
Less:
 
 
 
 
 
 
  Non-controlling interest from discontinued operations, net of tax - common shares
$
—

 
 
$
(2,190
)
 
$
(3,609
)
  Income (loss) from discontinued operations, net of tax
—

 
 
1,854,677

 
(33,229
)
Total income (loss) from discontinued operations, net of tax - common shares
$
—

 
 
$
1,852,487

 
$
(36,838
)
Income (loss) from continuing operations
$
38,793

 
 
$
9,446,037

 
$
(33,061
)
 
 
 
 
 
 
 
DENOMINATOR(1):
 

 
 
 
 
 

Weighted average common shares outstanding - basic
145,275

 
 
85,652

 
85,280

  Stock options and restricted stock(2):
23

 
 
—

 
—

Weighted average common shares outstanding - diluted
145,298

 
 
85,652

 
85,280

 
 
 
 
 
 
 
Net loss attributable to the Company per common share:
 

 
 
 
 
 

From continuing operations - Basic
$
0.27

 
 
$
110.28

 
$
(0.39
)
From discontinued operations - Basic
$
—

 
 
$
21.63

 
$
(0.43
)
From continuing operations - Diluted
$
0.27

 
 
$
110.28

 
$
(0.39
)
From discontinued operations - Diluted
$
—

 
 
$
21.63

 
$
(0.43
)
(In thousands, except per share data)
Successor Company
 
 
Predecessor Company
 
Period from May 2, 2019 through June 30,
 
 
Period from January 1, 2019 through May 1,
 
Six Months Ended
June 30,
 
2019
 
 
2019
 
2018
NUMERATOR:
 
 
 
 
 
 
Net loss attributable to the Company – common shares
$
38,793

 
 
$
11,184,141

 
$
(486,893
)
Less:
 
 
 
 
 
 
  Non-controlling interest from discontinued operations, net of tax - common shares
$
—

 
 
$
19,028

 
$
12,437

  Income (loss) from discontinued operations, net of tax
—

 
 
1,685,123

 
(157,477
)
Total income (loss) from discontinued operations, net of tax - common shares
$
—

 
 
$
1,704,151

 
$
(145,040
)
Income (loss) from continuing operations
$
38,793

 
 
$
9,479,990

 
$
(341,853
)
 
 
 
 
 
 
 
DENOMINATOR(1):
 

 
 
 
 
 

Weighted average common shares outstanding - basic
145,275

 
 
86,241

 
85,248

  Stock options and restricted stock(2):
23

 
 
—

 
—

Weighted average common shares outstanding - diluted
145,298

 
 
86,241

 
85,248

 
 
 
 
 
 
 
Net loss attributable to the Company per common share:
 

 
 
 
 
 

From continuing operations - Basic
$
0.27

 
 
$
109.92

 
$
(4.01
)
From discontinued operations - Basic
$
—

 
 
$
19.76

 
$
(1.70
)
From continuing operations - Diluted
$
0.27

 
 
$
109.92

 
$
(4.01
)
From discontinued operations - Diluted
$
—

 
 
$
19.76

 
$
(1.70
)
(1) 
The 81,453,648 Special Warrants issued at Emergence are included in both the basic and diluted weighted average common shares outstanding of the Successor Company for the Period from May 2, 2019 through June 30, 2019.
(2) 
Outstanding equity awards of 1.3 million for the Successor Company for the Period from May 2, 2019 through June 30, 2019 were not included in the computation of diluted earnings per share because to do so would have been antidilutive. Outstanding equity awards of 5.9 million, 8.0 million, 5.9 million and 8.0 million of the Predecessor Company for the Period from April 1, 2019 through May 1, 2019, the three months ended June 30, 2018, the Period from January 1, 2019 through May 1, 2019 and the six months ended June 30, 2018 respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.