Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY(DEFICIT)

v3.22.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Held in Reserve
Treasury Stock
Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings (Accumulated Deficit)
Balance (in shares) at Dec. 31, 2019   159,711,000 0        
Balance, value at Dec. 31, 2019 $ 1,314,592 $ 1,597 $ 0 $ 0 $ 4,207,554 $ (46,833) $ (2,847,726)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (1,625,133)           (1,625,133)
Other comprehensive income 3,833         3,833  
Stock compensation 6,444       6,444    
Shares repurchased (in shares)   (243,000)          
Shares repurchased (236) $ (3)     (233)    
Issuance of restricted stock (in shares)   1,294,000          
Issuance of restricted stock 0 $ 13     (13)    
Balance (in shares) at Dec. 31, 2020   160,762,000 0        
Balance, value at Dec. 31, 2020 (300,500) $ 1,607 $ 0 0 4,213,752 (43,000) (4,472,859)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 250,994           250,994
Other comprehensive income 2,570         2,570  
Stock compensation 6,514       6,514    
Shares repurchased (in shares)   (96,000)          
Shares repurchased (8) $ (1)     (7)    
Issuance of restricted stock (in shares)   228,000          
Issuance of restricted stock 1 $ 3     (2)    
Accumulated other comprehensive income extinguishment 40,430         40,430  
Cancellation of predecessor equity (in shares)   (160,894,000)          
Cancellation of Predecessor equity 0 $ (1,609)     (4,220,256)   4,221,865
Issuance of common stock held in reserve (in shares)   21,525,000          
Issuance of common stock held in reserve 693,775 $ 2     693,773    
Shares of Common Stock held in reserve (in shares)     (1,679,000)        
Shares of Common Stock held in reserve (54,109)   $ (54,109)        
Balance (in shares) at May. 17, 2021   21,525,000 1,679,000        
Balance, value at May. 17, 2021 639,667 $ 2 $ (54,109) 0 693,774 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (112,829)           (112,829)
Other comprehensive income 0            
Dividends on Preferred Stock (4,573)       (4,573)    
Stock compensation 3,149       3,149    
Issuance of common stock held in reserve (in shares)     741,000        
Issuance of common stock held in reserve $ 23,893   $ 23,893        
Conversion of Preferred Stock (in shares) 175 12,000          
Conversion of Preferred Stock $ 171       171    
Balance (in shares) at Dec. 31, 2021 20,600,000 21,537,000 938,000        
Balance, value at Dec. 31, 2021 $ 549,478 $ 2 $ (30,216) 0 692,521 0 (112,829)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 494,701           494,701
Other comprehensive income 0            
Dividends on Preferred Stock (5,444)       (5,444)    
Stock compensation 8,670       8,670    
Shares repurchased (in shares)   (2,896,000)          
Shares repurchased (250,768)     (286) (250,482)    
Issuance of restricted stock (in shares)   49,000          
Issuance of restricted stock (1,623)       (1,623)    
Issuance of common stock held in reserve (in shares)     876,000        
Issuance of common stock held in reserve $ 28,220   $ 28,220        
Conversion of Preferred Stock (in shares) (5,601) 407,000          
Conversion of Preferred Stock $ 5,601       5,601    
Balance (in shares) at Dec. 31, 2022 19,100,000 19,097,000 62,000        
Balance, value at Dec. 31, 2022 $ 828,835 $ 2 $ (1,996) $ (286) $ 449,243 $ 0 $ 381,872