Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.2.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Reconciliations of the components of basic and diluted net (loss) income per common share are presented in the tables below (in thousands):
Successor
Three Months Ended September 30, 2022 Three Months Ended September 30, 2021
Net loss $ (18,472) $ (461,313)
Dividends on preferred stock (1,309) (2,095)
Net loss attributable to common stockholders $ (19,781) $ (463,408)
Basic Shares 19,635  20,598 
Basic and Dilutive EPS $ (1.01) $ (22.50)

Successor Predecessor
Nine Months Ended September 30, 2022 Period from May 18, 2021 through September 30, 2021 Period from January 1, 2021 through May 17, 2021
Net (loss) income $ (253,867) $ (670,899) $ 250,994 
Dividends on preferred stock (4,136) (3,126) — 
Net (loss) income attributable to common stockholders $ (258,003) $ (674,025) $ 250,994 
Basic Shares 20,514  20,507  160,834 
Basic and Dilutive EPS $ (12.58) $ (32.87) $ 1.56