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STOCKHOLDER'S EQUITY (DEFICIT) (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of Stock by Class
The following table presents the Successor Company's Class A Common Stock, Class B Common Stock and Special Warrants issued and outstanding as of March 31, 2020:
 
March 31,
2020
 
(Unaudited)
Successor Class A Common Stock, par value $.001 per share,1,000,000,000 shares authorized
59,930,396

Successor Class B Common Stock, par value $.001 per share, 1,000,000,000 shares authorized
6,899,611

Successor Special Warrants
78,919,386

  Total Successor Class A Common Stock, Class B Common Stock and Special Warrants issued and outstanding
145,749,393


Computation of Income (Loss) Per Share
(In thousands, except per share data)
Successor Company
 
 
Predecessor Company
 
Three Months Ended March 31,
 
 
Three Months Ended March 31,
 
2020
 
 
2019
NUMERATOR:
 
 
 
 
Net loss attributable to the Company – common shares
$
(1,688,736
)
 
 
$
(114,383
)
Exclude:
 
 
 
 
  Loss from discontinued operations, net of tax
$

 
 
$
(169,554
)
  Noncontrolling interest from discontinued operations, net of tax - common shares

 
 
21,218

Total loss from discontinued operations, net of tax - common shares
$

 
 
$
(148,336
)
Income (loss) from continuing operations
$
(1,688,736
)
 
 
$
33,953

 
 
 
 
 
DENOMINATOR(1):
 
 
 
 

Weighted average common shares outstanding - basic
145,614

 
 
85,649

  Stock options and restricted stock(2):

 
 

Weighted average common shares outstanding - diluted
145,614

 
 
85,649

 
 
 
 
 
Net income (loss) attributable to the Company per common share:
 
 
 
 

From continuing operations - Basic
$
(11.60
)
 
 
$
0.40

From discontinued operations - Basic
$

 
 
$
(1.73
)
Basic
$
(11.60
)
 
 
$
(1.34
)
From continuing operations - Diluted
$
(11.60
)
 
 
$
0.40

From discontinued operations - Diluted
$

 
 
$
(1.73
)
Diluted
$
(11.60
)
 
 
$
(1.34
)
(1) 
All of the outstanding Special Warrants are included in both the basic and diluted weighted average common shares outstanding of the Successor Company for the three months ended March 31, 2020.
(2) 
Outstanding equity awards representing 8.2 million shares of Class A common stock of the Successor Company for the three months ended March 31, 2020 were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive. Outstanding equity awards representing 5.9 million shares of Class A common stock of the Predecessor Company for the three months ended March 31, 2019 were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.