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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted net (loss) income per common share (amounts in millions, except per share amounts).
 
Successor
 
 
Predecessor
 
Three Months Ended March 31, 2019
 
 
Three Months Ended March 31, 2018
Net (loss) income attributable to Successor/Predecessor
$
(186
)
 
 
$
160

Less: Undistributed earnings attributable to participating stockholders

 
 

Net (loss) income attributable to common stockholders
$
(186
)
 
 
$
160

 
 
 
 
 
Net (loss) income per common share attributable to Successor/Predecessor:
 
 
 
 
Basic
$
(2.05
)
 
 
$
1.63

Diluted
$
(2.05
)
 
 
$
1.61

 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
Basic
90,828

 
 
97,873

Dilutive effect of stock awards

 
 
1,238

Dilutive effect of participating securities

 
 

Diluted
90,828

 
 
99,111