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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of calculation of earnings per basic and diluted shares from continuing and discontinued operations
The RSUs, stock options and warrants of the Company are all non-participating securities, and therefore, the Company used the treasury stock method to calculate earnings per share as shown in the following table (in thousands, except per share amounts):
 
Successor
 
Three Months Ended March 31, 2018
Net income
$
13,870

 
 
Basic net income per common share
$
0.68

 
 
Diluted net income per common share
$
0.68

 
 
Weighted-average shares outstanding - basic
20,454

Add: dilutive effect of contingent stock awards
16

Weighted-average shares outstanding - diluted
20,470

The Predecessor Company issued restricted stock, which are participating securities, and PSUs, and therefore, the Company used the two-class method to calculate earnings per share as shown in the following table (in thousands, except per share amounts):
 
Predecessor
 
Three Months Ended March 31, 2017
Net loss
$
(94,276
)
Less: undistributed loss to unvested restricted stock
—

Undistributed loss to common shareholders
(94,276
)
Basic net loss per common share
$
(1.91
)
Diluted net loss per common share
$
(1.91
)
 
 
Weighted-average shares outstanding - basic
49,452

Add: dilutive effect of contingent PSUs
—

Weighted-average shares outstanding - diluted
49,452