Earnings (Loss) Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Earnings Per Share, Basic and Diluted

The following presents a reconciliation of the numerators and denominators of the basic and diluted EPS computations (amounts in thousands, except per share data):


	Successor		Predecessor
	Three Months Ended September 30, 2020		Three Months Ended September 30, 2019
Numerator:


Net loss (numerator for basic EPS)	$	(20,070)	$	(26,016)

Interest expense on Convertible Notes, net of tax	—		—
Numerator for diluted EPS, if-converted method	(20,070)		(26,016)

Denominator:
Weighted-average shares (denominator for basic EPS)	1,119		78,473
Potentially dilutive shares issuable from Convertible Notes, if-converted method	—		—
Potentially dilutive shares issuable from outstanding stock-based compensation awards, treasury stock method	—		—
Denominator for diluted EPS	1,119		78,473


Loss per common share - Basic	$	(17.94)	$	(0.33)
Loss per common share - Diluted	$	(17.94)	$	(0.33)
Potentially dilutive securities excluded as anti-dilutive	9,733		5,577


	Successor			Predecessor
		Four Months Ended September 30, 2020			Five Months Ended May 31, 2020		Nine Months Ended September 30, 2019
Numerator:


Net loss (numerator for basic EPS)		$	(29,887)		$	(104,225)	$	(54,075)
Interest expense on Convertible Notes, net of tax		—			—		—
Numerator for diluted EPS, if-converted method		(29,887)			(104,225)		(54,075)

Denominator:
Weighted-average shares (denominator for basic EPS)		1,101			78,968		78,405
Potentially dilutive shares issuable from Convertible Notes, if-converted method		—			—		—
Potentially dilutive shares issuable from outstanding stock-based compensation awards, treasury stock method		—			—		—
Denominator for diluted EPS		1,101			78,968		78,405


Loss per common share - Basic		$	(27.15)		$	(1.32)	$	(0.69)
Loss per common share - Diluted		$	(27.15)		$	(1.32)	$	(0.69)
Potentially dilutive securities excluded as anti-dilutive		9,733			4,517		4,962