XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
 1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
May 01, 2019
Jun. 30, 2019
Jun. 30, 2020
May 01, 2019
Jun. 30, 2020
Income Statement [Abstract]          
Revenue $ 277,674 $ 635,646 $ 487,648 $ 1,073,471 $ 1,268,282
Operating expenses:          
Direct operating expenses (excludes depreciation and amortization) 98,310 198,772 249,866 381,184 551,498
Selling, general and administrative expenses (excludes depreciation and amortization) 102,296 220,231 261,219 427,230 605,360
Corporate expenses (excludes depreciation and amortization) 14,506 26,818 26,419 53,647 66,368
Depreciation and amortization 14,544 59,383 103,347 52,834 200,115
Impairment charges 0 0 5,378 91,382 1,733,235
Other operating income (expense), net (127) 3,246 (506) (154) (1,572)
Operating income (loss) 47,891 133,688 (159,087) 67,040 (1,889,866)
Interest expense (income), net (400) 69,711 81,963 (499) 172,052
Gain on investments, net 0 0 1,280 (10,237) (8,675)
Equity in loss of nonconsolidated affiliates (59) (24) (31) (66) (595)
Other income (expense), net 150 (9,157) (1,258) 23 (9,118)
Reorganization items, net 9,497,944 0 0 9,461,826 0
Income (loss) before income taxes 9,546,326 54,796 (241,059) 9,519,085 (2,080,306)
Income tax benefit (expense) (100,289) (16,003) 43,742 (39,095) 194,253
Income (loss) from continuing operations 9,446,037 38,793 (197,317) 9,479,990 (1,886,053)
Income from discontinued operations, net of tax 1,854,677 0 0 1,685,123 0
Consolidated net income (loss) 11,300,714 38,793 (197,317) 11,165,113 (1,886,053)
Less amount attributable to noncontrolling interest 2,190 0 0 19,028 0
Net income (loss) attributable to the Company 11,298,524 38,793 (197,317) 11,184,141 (1,886,053)
Other comprehensive income (loss), net of tax:          
Foreign currency translation adjustments (3,493) (328) 292 (1,175) 188
Other comprehensive income (loss), net of tax (3,493) (328) 292 (1,175) 188
Comprehensive income (loss) 11,295,031 38,465 (197,025) 11,182,966 (1,885,865)
Less amount attributable to noncontrolling interest (788) 0 0 2,784 0
Comprehensive income (loss) attributable to the Company $ 11,295,819 $ 38,465 $ (197,025) $ 11,180,182 $ (1,885,865)
Basic net income (loss) per share          
From continuing operations (in dollars per share) $ 110.28 $ 0.27 $ (1.35) $ 109.92 $ (12.94)
From discontinued operations (in dollars per share) 21.63 0 0 19.76 0
Basic net income (loss) per share (in dollars per share) $ 131.91 $ 0.27 $ (1.35) $ 129.68 $ (12.94)
Weighted average common shares outstanding - Basic (in shares) 85,652 145,275 145,963 86,241 145,788
Earnings Per Share, Diluted [Abstract]          
From continuing operations (in dollars per share) $ 110.28 $ 0.27 $ (1.35) $ 109.92 $ (12.94)
From discontinued operations (in dollars per share) 21.63 0 0 19.76 0
Diluted net income (loss) per share (in dollars per share) $ 131.91 $ 0.27 $ (1.35) $ 129.68 $ (12.94)
Weighted average common shares outstanding - Diluted (in shares) 85,652 145,298 145,963 86,241 145,788