Net Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Net Earnings (Loss) Per Share [Abstract]

Reconciliation Of Net Earnings (Loss) Per Share

	Successor		Predecessor
	For the two months		For the one month		For the three months
	ended June 30,		ended April 30,		ended June 30,
($ in millions)	2021		2021		2020
Net income (loss) used for basic and diluted earnings (loss)
per share:
Total basic net income (loss)
attributable to Frontier common shareholders	$	99	$	4,481	$	(181)
Effect of loss related to dilutive stock units		-		-		-
Total diluted net income (loss)
attributable to Frontier common shareholders	$	99	$	4,481	$	(181)
Basic earnings (loss) per share:
Total weighted average shares and unvested restricted stock
awards outstanding - basic		244,401		104,816		104,988
Less: Weighted average unvested restricted stock awards		-		(154)		(463)
Total weighted average shares outstanding - basic		244,401		104,662		104,525
Basic net earnings (loss) per share
attributable to Frontier common shareholders	$	0.41	$	42.81	$	(1.73)
Diluted earnings (loss) per share:
Total weighted average shares outstanding - basic		244,401		104,662		104,525
Effect of dilutive stock units		-		340		-
Total weighted average shares outstanding - diluted		244,401		105,002		104,525
Diluted net earnings (loss) per share
attributable to Frontier common shareholders	$	0.41	$	42.68	$	(1.73)

	Successor		Predecessor
	For the two months		For the four months		For the six months
	ended June 30,		ended April 30,		ended June 30,
($ in millions)	2021		2021		2020
Net income (loss) used for basic and diluted earnings (loss)
per share:
Total basic net income (loss)
attributable to Frontier common shareholders	$	99	$	4,541	$	(367)
Effect of loss related to dilutive stock units		-		-		-
Total diluted net income (loss)
attributable to Frontier common shareholders	$	99	$	4,541	$	(367)
Basic earnings (loss) per share:
Total weighted average shares and unvested restricted stock
awards outstanding - basic		244,401		104,799		105,029
Less: Weighted average unvested restricted stock awards		-		(215)		(592)
Total weighted average shares outstanding - basic		244,401		104,584		104,437
Basic net earnings (loss) per share
attributable to Frontier common shareholders	$	0.41	$	43.42	$	(3.51)
Diluted earnings (loss) per share:
Total weighted average shares outstanding - basic		244,401		104,584		104,437
Effect of dilutive shares		-		340		-
Total weighted average shares outstanding - diluted		244,401		104,924		104,437
Diluted net earnings (loss) per share
attributable to Frontier common shareholders	$	0.41	$	43.28	$	(3.51)