XML 39 R28.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
A reconciliation between basic and diluted earnings per share computations
A reconciliation between the basic and diluted earnings per share computations (in thousands, except per share amounts) is as follows:
For the Three Months (Successor) Ended June 30, 2019
Income
(Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(761
)
 
9,371

 
$
(0.08
)
Restricted shares
—

 
—

 
 
Attributable to participating securities
—

 
—

 
 
DILUTED EPS
$
(761
)
 
9,371

 
$
(0.08
)
 
 
 
 
 
 
For the Successor Period of February 9, 2019 through June 30, 2019
Income
(Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(24
)
 
9,371

 
$
—

 
 
 
 
 
 
Restricted shares
—

 
—

 
 
Attributable to participating securities
—

 
—

 
 
DILUTED EPS
$
(24
)
 
9,371

 
$
—



Predecessor
A reconciliation between the basic and diluted earnings per share computations (in thousands, except per share amounts) is as follows:
For the Predecessor Period of January 1, 2019 through February 8, 2019
Income
(Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net income available to common stockholders
$
261,727

 
25,587

 
 
Gain on cancellation of Preferred Shares
(14,650
)
 
 
 
 
Attributable to participating securities
(3,944
)
 
 
 
 
Net income available to common stockholders
$
243,133

 
25,587

 
$
9.50

 
 
 
 
 
 
Net income available to common stockholders
$
261,727

 
25,587

 
 
Gain on cancellation of Preferred Shares
(14,650
)
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
Preferred shares
—

 
1,287

 
 
  Restricted shares
(3,944
)
 
415

 
 
Attributable to participating securities
186

 
—

 
 
DILUTED EPS
$
243,319

 
27,289

 
$
8.92

 
 
 
 
 
 
For the Three Months (Predecessor) Ended June 30, 2018
Loss (Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(2,611
)
 
25,568

 
$
(0.10
)
Stock options
—

 
—

 
 
Attributable to participating securities
—

 
—

 
 
DILUTED EPS
$
(2,611
)
 
25,568

 
$
(0.10
)
 
 
 
 
 
 
For the Six Months (Predecessor) Ended June 30, 2018
Loss (Numerator)
 
Shares
(Denominator)
 
Per
Share Amount
BASIC EPS
 
 
 
 
 
Net loss available to common stockholders
$
(4,823
)
 
25,554

 
$
(0.19
)
Stock options
—

 
—

 
 
Attributable to participating securities
—

 
—

 
 
DILUTED EPS
$
(4,823
)
 
25,554

 
$
(0.19
)