XML 57 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A
Class C
Series A
Conversion of common shares from Class C to Class A
Conversion of common shares from Class C to Class A
Class A
Common Stock
Class A
Common Stock
Class C
Common Stock
Convertible Common Stock [Member]
Common Stock
Conversion of common shares from Class B to Class A at transaction
Class A
Common Stock
Conversion of common shares from Class C to Class A
Class A
Common Stock
Conversion of common shares from Class C to Class A
Class C
Preferred Stock
Series A
Preferred Stock
Series B
Preferred Stock
Conversion of common shares from Class B to Class A at transaction
Series B
Additional Paid-In Capital
Additional Paid-In Capital
Class A
Additional Paid-In Capital
Conversion of common shares from Class B to Class A at transaction
Class A
Additional Paid-In Capital
Conversion of common shares from Class C to Class A
Retained Earnings (Accumulated Deficit)
Total Shareholder’s Equity
Total Shareholder’s Equity
Class A
Total Shareholder’s Equity
Conversion of common shares from Class C to Class A
Non-controlling Interest
Non-controlling Interest
Conversion of common shares from Class C to Class A
Common shares outstanding at beginning of period (in shares) at Dec. 31, 2016             201,092,000 19,156,000                                  
Preferred stock, beginning balance, shares (in shares) at Dec. 31, 2016                         0 104,000                      
Balance, beginning of period at Dec. 31, 2016 $ 2,552,935           $ 20 $ 2         $ 0 $ 0   $ 2,364,049       $ (8,929) $ 2,355,142     $ 197,793  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Conversion of common shares (in shares)                   26,100,000 3,495,000 (3,495,000)     (104,000)                    
Conversion of common shares 0       $ 20,031   $ 0   $ 0 $ 3               $ (3) $ 58,746       $ 58,746   $ (38,715)
Stock issued during period (in shares)             23,500,000                                    
Stock issued during period 340,750           $ 2                   $ 340,748         $ 340,750      
Warrants exercised (in shares)   6,235,790         6,236,000                                    
Warrants exercised 0           $ 1                 (1)                  
Restricted stock issued (in shares)             902,000                                    
Stock Issued During Period, Value, Restricted Stock Award, Gross             $ 0                                    
Restricted stock forfeited (in shares)             (12,000)                                    
Restricted Stock Award, Forfeitures             $ 0                 0                  
Restricted stock used for tax withholding (in shares)             (33,000)                                    
Restricted stock used for tax withholding (644)                             (644)         (644)        
Option exercises (in shares)             58,000                                    
Option exercises 877           $ 0                 877         877        
Underwriters’ discount and offering expense (7,291)                             (7,291)         (7,291)        
Change in equity due to issuance of shares by Centennial Resource Production, LLC 0                             (2,682)         (2,682)     2,682  
Stock-based compensation 13,759                             13,759         13,759        
Net income (loss) 83,555                                     75,568 75,568     7,987  
Common shares outstanding at end of period (in shares) at Dec. 31, 2017             261,338,000 15,661,000                                  
Preferred stock, ending balance, shares (in shares) at Dec. 31, 2017                         0 0                      
Balance, end of period at Dec. 31, 2017 3,003,972           $ 26 $ 2         $ 0 $ 0   2,767,558       66,639 2,834,225     169,747  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Conversion of common shares (in shares)                     3,658,000 (3,658,000)                          
Conversion of common shares         7,174   $ 1   (1)                   46,066       46,066   (38,892)
Restricted stock issued (in shares)             1,030,000                                    
Stock Issued During Period, Value, Restricted Stock Award, Gross             $ 0                                    
Restricted stock forfeited (in shares)             (136,000)                                    
Restricted Stock Award, Forfeitures             $ 0                 0                  
Restricted stock used for tax withholding (in shares)             (91,000)                                    
Restricted stock used for tax withholding (1,665)                             (1,665)         (1,665)        
Option exercises (in shares)             60,000                                    
Option exercises 982           $ 0                 982         982        
Stock-based compensation 20,670                             20,670         20,670        
Net income (loss) 212,736                                     199,899 199,899     12,837  
Common shares outstanding at end of period (in shares) at Dec. 31, 2018   264,323,328 12,003,183       265,859,000 12,003,000                                  
Preferred stock, ending balance, shares (in shares) at Dec. 31, 2018       1                 0 0                      
Balance, end of period at Dec. 31, 2018 3,243,869           $ 27 $ 1         $ 0 $ 0   2,833,611       266,538 3,100,177     143,692  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Conversion of common shares (in shares)           10,969,064         10,969,000 (10,969,000)                          
Conversion of common shares         $ (17,541)   $ 1   $ (1)                   $ 114,186       $ 114,186   $ (131,727)
Restricted stock issued (in shares)             4,109,000                                    
Stock Issued During Period, Value, Restricted Stock Award, Gross             $ 0                                    
Restricted stock forfeited (in shares)             (116,000)                                    
Restricted Stock Award, Forfeitures             $ 0                 0                  
Restricted stock used for tax withholding (in shares)             (171,000)                                    
Restricted stock used for tax withholding (1,038)                             (1,038)         (1,038)        
Stock-based compensation 28,997                             28,997         28,997        
Net income (loss) 16,414                                     15,798 15,798     616  
Common shares outstanding at end of period (in shares) at Dec. 31, 2019   275,811,346 1,034,119       280,650,000 1,034,000                                  
Preferred stock, ending balance, shares (in shares) at Dec. 31, 2019       1                 0 0                      
Balance, end of period at Dec. 31, 2019 $ 3,270,701           $ 28 $ 0         $ 0 $ 0   $ 2,975,756       $ 282,336 $ 3,258,120     $ 12,581