Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share for Noble-UK

The following table presents the computation of basic and diluted loss per share for Noble:

	Successor				Predecessor
			Period From		Period From
	Three Months		February 6, 2021		January 1, 2021
	Ended		through		through
	March 31, 2022		March 31, 2021		February 5, 2021
Numerator:
Basic
Net income (loss)	$	(36,656)	$	(18,224)	$	250,228
Net income (loss)	$	(36,656)	$	(18,224)	$	250,228
Diluted
Net income (loss)	$	(36,656)	$	(18,224)	$	250,228
Net income (loss)	$	(36,656)	$	(18,224)	$	250,228
Denominator:
Weighted average shares outstanding – basic	67,643		50,000		251,115
Dilutive effect of share-based awards	—		—		5,456
Weighted average shares outstanding – diluted	67,643		50,000		256,571
Per share data
Basic:
Net income (loss)	$	(0.54)	$	(0.36)	$	1.00
Diluted:
Net income (loss)	$	(0.54)	$	(0.36)	$	0.98

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table displays the share-based instruments that have been excluded from diluted income or loss per share since the effect would have been anti-dilutive:

	Successor		Predecessor
		Period From	Period From
		February 6, 2021	January 1, 2021
	Three Months Ended	through	through
	March 31, 2022	March 31, 2021	February 5, 2021
Share-based awards	3,376	3,131	556
Warrants (1)	17,366	19,444	—

(1)Represents the total number of warrants outstanding which did not have a dilutive effect. In periods where the warrants are determined to be dilutive, the number of shares which will be included in the computation of diluted shares is determined using the treasury stock method, adjusted for mandatory exercise provisions under the warrant agreements if applicable.