Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY (DEFICIT)

v3.21.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Held in Reserve
Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2019   159,711,000 0      
Beginning balance at Dec. 31, 2019 $ 1,314,592 $ 1,597 $ 0 $ 4,207,554 $ (46,833) $ (2,847,726)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (517,538)         (517,538)
Other Comprehensive Income (Loss) (15,030)       (15,030)  
Stock Compensation 2,104     2,104    
Shares Repurchased (in shares)   (80,000)        
Shares Repurchased (79) $ (1)   (78)    
Issuance of Restricted Stock (in shares)   211,000        
Issuance of Restricted Stock 0 $ 2   (2)    
Ending balance (in shares) at Mar. 31, 2020   159,842,000 0      
Ending balance at Mar. 31, 2020 784,049 $ 1,598 $ 0 4,209,578 (61,863) (3,365,264)
Beginning balance (in shares) at Dec. 31, 2019   159,711,000 0      
Beginning balance at Dec. 31, 2019 1,314,592 $ 1,597 $ 0 4,207,554 (46,833) (2,847,726)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (1,459,569)          
Other Comprehensive Income (Loss) (4,497)          
Ending balance (in shares) at Sep. 30, 2020   160,762,000 0      
Ending balance at Sep. 30, 2020 (144,777) $ 1,607 $ 0 4,212,241 (51,330) (4,307,295)
Beginning balance (in shares) at Mar. 31, 2020   159,842,000 0      
Beginning balance at Mar. 31, 2020 784,049 $ 1,598 $ 0 4,209,578 (61,863) (3,365,264)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (561,068)         (561,068)
Other Comprehensive Income (Loss) 6,872       6,872  
Stock Compensation 1,515     1,515    
Shares Repurchased (in shares)   (27,000)        
Shares Repurchased (28)     (28)    
Issuance of Restricted Stock (in shares)   301,000        
Issuance of Restricted Stock 0 $ 3   (3)    
Ending balance (in shares) at Jun. 30, 2020   160,116,000 0      
Ending balance at Jun. 30, 2020 231,340 $ 1,601 $ 0 4,211,062 (54,991) (3,926,332)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (380,963)         (380,963)
Other Comprehensive Income (Loss) 3,661       3,661  
Stock Compensation 1,314     1,314    
Shares Repurchased (in shares)   (136,000)        
Shares Repurchased (129) $ (2)   (127)    
Issuance of Restricted Stock (in shares)   782,000        
Issuance of Restricted Stock 0 $ 8   (8)    
Ending balance (in shares) at Sep. 30, 2020   160,762,000 0      
Ending balance at Sep. 30, 2020 $ (144,777) $ 1,607 $ 0 4,212,241 (51,330) (4,307,295)
Beginning balance (in shares) at Dec. 31, 2020 160,800,000 160,762,000 0      
Beginning balance at Dec. 31, 2020 $ (300,500) $ 1,607 $ 0 4,213,752 (43,000) (4,472,859)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 8,780         8,780
Other Comprehensive Income (Loss) 2,570       2,570  
Stock Compensation 1,419     1,419    
Shares Repurchased (in shares)   203,000        
Shares Repurchased (8) $ (1)   (7)    
Issuance of Restricted Stock (in shares)   (86,000)        
Issuance of Restricted Stock 1 $ 3   (2)    
Ending balance (in shares) at Mar. 31, 2021   160,879,000 0      
Ending balance at Mar. 31, 2021 $ (287,738) $ 1,609 $ 0 4,215,162 (40,430) (4,464,079)
Beginning balance (in shares) at Dec. 31, 2020 160,800,000 160,762,000 0      
Beginning balance at Dec. 31, 2020 $ (300,500) $ 1,607 $ 0 4,213,752 (43,000) (4,472,859)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 250,996          
Other Comprehensive Income (Loss) 0          
Ending balance (in shares) at May. 17, 2021   21,525,000 (1,679,000)      
Ending balance at May. 17, 2021 639,667 $ 2 $ (54,109) 693,774 0 0
Beginning balance (in shares) at Mar. 31, 2021   160,879,000 0      
Beginning balance at Mar. 31, 2021 (287,738) $ 1,609 $ 0 4,215,162 (40,430) (4,464,079)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income 242,214         242,214
Stock Compensation 5,095     5,095    
Shares Repurchased (in shares)   (10,000)        
Issuance of Restricted Stock (in shares)   25,000        
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 New Common Stock (in shares)   21,525,000        
Issuance of New Common Stock 693,775 $ 2   693,773    
Shares of New Common Stock Held in Reserve (in shares)     (1,679,000)      
Shares of New Common Stock Held in Reserve (54,109)   $ (54,109)      
Ending balance (in shares) at May. 17, 2021   21,525,000 (1,679,000)      
Ending balance at May. 17, 2021 639,667 $ 2 $ (54,109) 693,774 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (209,586)         (209,586)
Issuance of New Common Stock (in shares)     741,000      
Issuance of New Common Stock $ 23,893   $ 23,893      
Conversion of New Preferred Stock (in shares) 146 10,000        
Conversion of New Preferred Stock $ 147     147    
Dividends on New Preferred Stock (1,031)     (1,031)    
Ending balance (in shares) at Jun. 30, 2021   21,535,000 (938,000)      
Ending balance at Jun. 30, 2021 453,090 $ 2 $ (30,216) 692,890 0 (209,586)
Beginning balance (in shares) at May. 17, 2021   21,525,000 (1,679,000)      
Beginning balance at May. 17, 2021 639,667 $ 2 $ (54,109) 693,774 0 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (670,898)          
Other Comprehensive Income (Loss) $ 0          
Ending balance (in shares) at Sep. 30, 2021 20,600,000 21,535,000 (938,000)      
Ending balance at Sep. 30, 2021 $ (8,931) $ 2 $ (30,216) 692,182 0 (670,899)
Beginning balance (in shares) at Jun. 30, 2021   21,535,000 (938,000)      
Beginning balance at Jun. 30, 2021 453,090 $ 2 $ (30,216) 692,890 0 (209,586)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income (461,313)         (461,313)
Other Comprehensive Income (Loss) 0          
Stock Compensation $ 1,387     1,387    
Conversion of New Preferred Stock (in shares) 5          
Dividends on New Preferred Stock $ (2,095)     (2,095)    
Ending balance (in shares) at Sep. 30, 2021 20,600,000 21,535,000 (938,000)      
Ending balance at Sep. 30, 2021 $ (8,931) $ 2 $ (30,216) $ 692,182 $ 0 $ (670,899)