XML 24 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
4 Months Ended 8 Months Ended 12 Months Ended
May 01, 2019
Dec. 31, 2019
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Revenue $ 1,073,471 $ 2,610,056 $ 3,558,340 $ 2,948,218
Operating expenses:        
Direct operating expenses (excludes depreciation and amortization) 370,612 860,313 1,324,657 1,137,807
Selling, general and administrative expenses (excludes depreciation and amortization) 491,449 1,052,484 1,519,355 1,395,010
Depreciation and amortization 52,834 249,623 469,417 402,929
Impairment charges 91,382 0 57,734 1,738,752
Other operating expense, net 154 8,000 32,320 11,344
Operating income (loss) 67,040 439,636 154,857 (1,737,624)
Interest expense (income), net (499) 266,773 332,384 343,745
Gain (loss) on investments, net (10,237) (20,928) 43,643 (9,346)
Equity in loss of nonconsolidated affiliates (66) (279) (1,138) (379)
Other income (expense), net 23 (18,266) (14,976) (7,751)
Reorganization items, net 9,461,826 0 0 0
Income (loss) from continuing operations before income taxes 9,519,085 133,390 (149,998) (2,098,845)
Income tax benefit (expense) (39,095) (20,091) (8,391) 183,623
Income (loss) from continuing operations 9,479,990 113,299 (158,389) (1,915,222)
Income from discontinued operations, net of tax 1,685,123 0 0 0
Net income (loss) 11,165,113 113,299 (158,389) (1,915,222)
Less amount attributable to noncontrolling interest (19,028) 751 810 (523)
Net income (loss) attributable to the Company 11,184,141 112,548 (159,199) (1,914,699)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments (1,175) (750) (451) 945
Other comprehensive income (loss) (1,175) (750) (451) 945
Comprehensive income (loss) 11,182,966 111,798 (159,650) (1,913,754)
Less amount attributable to noncontrolling interest 2,784 0 0 0
Comprehensive income (loss) attributable to the Company $ 11,180,182 $ 111,798 $ (159,650) $ (1,913,754)
Basic net income (loss) per share:        
From continuing operations - Basic (in dollars per share) $ 109.92 $ 0.77 $ (1.09) $ (13.12)
From discontinued operations - Basic (in dollars per share) 19.76 0 0 0
Basic net income (loss) per share (in dollars per share) $ 129.68 $ 0.77 $ (1.09) $ (13.12)
Weighted average common shares outstanding - Basic (in shares) 86,241 145,608 146,726 145,979
Diluted net income (loss) per share:        
From continuing operations - Diluted (in dollars per share) $ 109.92 $ 0.77 $ (1.09) $ (13.12)
From discontinued operations - Diluted (in dollars per share) 19.76 0 0 0
Diluted net income (loss) per share (in dollars per share) $ 129.68 $ 0.77 $ (1.09) $ (13.12)
Weighted average common shares outstanding - Diluted (in shares) 86,241 145,795 146,726 145,979