XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

STOCKHOLDER'S EQUITY (Tables) | 6 Months Ended
--- | ---
Jun. 30, 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 June 30, 2020:
| June 30, 2020 |  |  |
| (Unaudited) |  |  |
Successor Class A Common Stock, par value $.001 per share, 1,000,000,000 shares authorized | 61,432,341 |  |  |  |
Successor Class B Common Stock, par value $.001 per share, 1,000,000,000 shares authorized | 6,900,195 |  |  |  |
Successor Special Warrants | 78,038,412 |  |  |  |
Total Successor Class A Common Stock, Class B Common Stock and Special Warrants issued | 146,370,948 |  |  |  |
Computation of Income (Loss) Per Share |
(In thousands, except per share data) | Successor Company |  |  |  |  | Predecessor Company |  |  |  |
| Three Months Ended June 30, |  | Period from May 2, 2019 through June 30, |  |  | Period from April 1, 2019 through May 1, |  |  |  |
| 2020 |  | 2019 |  |  | 2019 |  |  |  |
NUMERATOR: |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to the Company – common shares | $ | (197,317) |  |  | $ | 38,793 |  |  |  | $ | 11,298,524 |  |  |  |  |
Exclude: |  |  |  |  |  |  |  |  |  |
Income from discontinued operations, net of tax | $ | — |  |  | $ | — |  |  |  | $ | 1,854,677 |  |  |  |  |
Noncontrolling interest from discontinued operations, net of tax - common shares | — |  |  | — |  |  |  | (2,190) |  |  |  |  |
Total income from discontinued operations, net of tax - common shares | $ | — |  |  | $ | — |  |  |  | $ | 1,852,487 |  |  |  |  |
Income (loss) from continuing operations | $ | (197,317) |  |  | $ | 38,793 |  |  |  | $ | 9,446,037 |  |  |  |  |
DENOMINATOR(1): |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - basic | 145,963 |  |  | 145,275 |  |  |  | 85,652 |  |  |  |  |
Stock options and restricted stock(2): | — |  |  | 23 |  |  |  | — |  |  |  |  |
Weighted average common shares outstanding - diluted | 145,963 |  |  | 145,298 |  |  |  | 85,652 |  |  |  |  |
Net income (loss) attributable to the Company per common share: |  |  |  |  |  |  |  |  |  |
From continuing operations - Basic | $ | (1.35) |  |  | $ | 0.27 |  |  |  | $ | 110.28 |  |  |  |  |
From discontinued operations - Basic | $ | — |  |  | $ | — |  |  |  | $ | 21.63 |  |  |  |  |
From continuing operations - Diluted | $ | (1.35) |  |  | $ | 0.27 |  |  |  | $ | 110.28 |  |  |  |  |
From discontinued operations - Diluted | $ | — |  |  | $ | — |  |  |  | $ | 21.63 |  |  |  |  |
(In thousands, except per share data) |  |  |  |  | Successor Company |  |  |  |  | Predecessor Company
|  |  |  |  | Six Months Ended June 30, |  | Period from May 2, 2019 through June 30, |  |  | Period from January 1, 2019 through May 1,
|  |  |  |  | 2020 |  | 2019 |  |  | 2019
NUMERATOR: |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to the Company – common shares |  |  |  |  | $ | (1,886,053) |  |  | $ | 38,793 |  |  |  | $ | 11,184,141 |
Exclude: |  |  |  |  |  |  |  |  |  |
Income from discontinued operations, net of tax |  |  |  |  | $ | — |  |  | $ | — |  |  |  | $ | 1,685,123 |
Noncontrolling interest from discontinued operations, net of tax - common shares |  |  |  |  | — |  |  | — |  |  |  | 19,028 |
Total income from discontinued operations, net of tax - common shares |  |  |  |  | $ | — |  |  | $ | — |  |  |  | $ | 1,704,151 |
Income (loss) from continuing operations |  |  |  |  | $ | (1,886,053) |  |  | $ | 38,793 |  |  |  | $ | 9,479,990 |
DENOMINATOR(1): |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - basic |  |  |  |  | 145,788 |  |  | 145,275 |  |  |  | 86,241 |
Stock options and restricted stock(2): |  |  |  |  | — |  |  | 23 |  |  |  | — |
Weighted average common shares outstanding - diluted |  |  |  |  | 145,788 |  |  | 145,298 |  |  |  | 86,241 |
Net income (loss) attributable to the Company per common share: |  |  |  |  |  |  |  |  |  |
From continuing operations - Basic |  |  |  |  | $ | (12.94) |  |  | $ | 0.27 |  |  |  | $ | 109.92 |
From discontinued operations - Basic |  |  |  |  | $ | — |  |  | $ | — |  |  |  | $ | 19.76 |
From continuing operations - Diluted |  |  |  |  | $ | (12.94) |  |  | $ | 0.27 |  |  |  | $ | 109.92 |
From discontinued operations - Diluted |  |  |  |  | $ | — |  |  | $ | — |  |  |  | $ | 19.76 |
(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 June 30, 2020, the period from May 2, 2019 through June 30, 2019 and the six months ended June 30, 2020. (2)Outstanding equity awards representing 7.7 million, 1.3 million and 7.9 million shares of Class A common stock of the Successor Company for the three months ended June 30, 2020, the period from May 2, 2019 through June 30, 2019 and the six months ended June 30, 2020 were not included in the computation of diluted earnings per share because to do so would have been antidilutive. Outstanding equity awards representing 5.9 million shares of Class A common stock of the Predecessor Company for the period from April 1, 2019 through May 1, 2019 and the period from January 1, 2019 through May 1, 2019 were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
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=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21553-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21484-112644 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration