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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Common Share
The following table presents the basic and diluted earnings per share, and the reconciliation of basic to diluted weighted average common shares (in thousands, except per share amounts):
    
 
Successor Company
 
 
Predecessor Company
 
Three Months Ended June 30, 2019
 
Period from June 4, 2018 through June 30, 2018
 
 
Period from April 1, 2018 through June 3, 2018
Basic Earnings Per Share
 
 
 
 
 
 
     Numerator:
 
 
 
 
 
 
           Undistributed net income from operations
$
42,861

 
$
4,980

 
 
$
701,157

Basic net income attributable to common shares
$
42,861

 
$
4,980

 
 
$
701,157

     Denominator:
 
 
 
 
 
 
         Basic weighted average shares outstanding
20,125

 
20,005

 
 
29,338

         Basic undistributed net income per share attributable to common shares
$
2.13

 
$
0.25

 
 
$
23.90

 


 
 
 
 
 
Diluted Earnings Per Share
 
 
 
 
 
 
     Numerator:
 
 
 
 
 
 
           Undistributed net income from operations
$
42,861

 
$
4,980

 
 
$
701,157

Diluted net income attributable to common shares
$
42,861

 
$
4,980

 
 
$
701,157

     Denominator:
 
 
 
 
 
 
         Basic weighted average shares outstanding
20,125

 
20,005

 
 
29,338

         Effect of dilutive options and restricted share units
192

 
295

 
 

         Diluted weighted average shares outstanding
20,317

 
20,300

 
 
29,338

         Diluted undistributed net income per share attributable to common shares
$
2.11

 
$
0.25

 
 
$
23.90


 
Successor Company
 
 
Predecessor Company
 
Six Months Ended June 30, 2019
 
Period from June 4, 2018 through June 30, 2018
 
 
Period from January 1, 2018 through June 3, 2018

Basic Earnings Per Share
 
 
 
 
 
 
     Numerator:
 
 
 
 
 
 
           Undistributed net income from operations
$
43,312

 
$
4,980

 
 
$
696,156

Basic net income attributable to common shares
$
43,312

 
$
4,980

 
 
$
696,156

     Denominator:
 
 
 
 
 
 
         Basic weighted average shares outstanding
20,092

 
20,005

 
 
29,338

         Basic undistributed net income per share attributable to common shares
$
2.16

 
$
0.25

 
 
$
23.73

 
 
 
 
 
 
 
Diluted Earnings Per Share
 
 
 
 
 
 
     Numerator:
 
 
 
 
 
 
           Undistributed net income from operations
$
43,312

 
$
4,980

 
 
$
696,156

Diluted net income attributable to common shares
$
43,312

 
$
4,980

 
 
$
696,156

     Denominator:
 
 
 
 
 
 
         Basic weighted average shares outstanding
20,092

 
20,005

 
 
29,338

         Effect of dilutive options and restricted share units
177

 
295

 
 

         Diluted weighted average shares outstanding
20,269

 
20,300

 
 
29,338

         Diluted undistributed net income per share attributable to common shares
$
2.14

 
$
0.25

 
 
$
23.73