v3.8.0.1

Earnings per Share | 12 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings per Share | Earnings Per Share Basic earnings per share is calculated by dividing net income attributable to the Company’s Class A shareholders for the period by the weighted average number of Class A common shares outstanding for the period excluding non-vested restricted stock awards. In computing dilutive earnings per share, basic earnings per share is adjusted for the assumed issuance of all applicable potentially dilutive share-based awards, including: public and private placement warrants, RSUs, restricted stock awards, and stock options. Below are basic and diluted earnings (loss) per share:
|  | Year Ended December 31, 2017 |  | From November 4, 2016 through December 31, 2016
|  | (Successor) |  | (Successor)
Numerator: |  |  |  |
Net income (loss) attributable to Class A shareholders (in thousands) |  | $ | 223,897 |  |  | $ | (4,404 | )
Denominator: |  |  |  |
Weighted-average Class A shares outstanding - basic (excluding non-vested restricted stock awards) |  | 99,109,629 |  |  | 97,791,658 |
Dilutive effect of warrants |  | 6,113,053 |  |  | — |
Dilutive effect of RSAs and RSUs |  | 84,611 |  |  | — |
Weighted-average shares outstanding - diluted |  | 105,307,293 |  |  | 97,791,658 |
Earnings (loss) per Class A share - basic |  | $ | 2.26 |  |  | $ | (0.05 | )
Earnings (loss) per Class A share - dilutive |  | $ | 2.13 |  |  | $ | (0.05 | )
For the year ended December 31, 2017, all stock options were excluded from the computation of diluted net income per share because the assumed proceeds from the awards’ exercise were greater than the average market price of the common shares.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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