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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Preferred Stock
Mandatory Convertible Preferred Shares
Common Stock
Adjusted Balance
Common Stock
Capital in Excess of Par
Impact of adoption of ASU 2020-06
Capital in Excess of Par
Adjusted Balance
Capital in Excess of Par
Accumulated Other Comprehensive Income
Adjusted Balance
Accumulated Other Comprehensive Income
Retained Earnings (Accumulated Loss)
Impact of adoption of ASU 2020-06
Retained Earnings (Accumulated Loss)
Adjusted Balance
Retained Earnings (Accumulated Loss)
Treasury Shares
Adjusted Balance
Treasury Shares
Non-controlling Interest
Adjusted Balance
Non-controlling Interest
Impact of adoption of ASU 2020-06
Adjusted Balance
Total
Beginning Balance at Dec. 31, 2019 $ 6   $ 416     $ 3,412,972   $ (11,788)     $ (104,775)   $ (1,314,020)   $ 67,354     $ 2,050,165
Beginning Balance (in shares) at Dec. 31, 2019 5,613   8,324                              
Increase (Decrease) in Equity                                    
Net income (loss)                     (805,641)       42,795     (762,846)
Dividends declared to common shareholders                     (3,632)             (3,632)
Dividends declared to preferred shareholders                     (14,610)             (14,610)
Repurchase of shares $ (1)         (12,127)             $ (1,731)         (13,859)
Repurchase of shares (in shares) (743)                       (34)          
Other comprehensive income (loss), net of tax               664                   664
Share-based compensation           24,638                       24,638
Noncontrolling interest contributions (distributions)                             (5,082)     (5,082)
Accrued distribution on redeemable noncontrolling interest in subsidiary                     (17,442)             (17,442)
Other     $ 3     (1,548)                 357     (1,188)
Other (in shares)     59                              
Ending Balance at Dec. 31, 2020 $ 5   $ 419     3,423,935   (11,124)     (946,100)   $ (1,315,751)   105,424     1,256,808
Ending Balance (in shares) at Dec. 31, 2020 4,870   8,383                              
Increase (Decrease) in Equity                                    
Net income (loss)                     (569,272)       25,582     (543,690)
PSU distribution equivalent rights                     (75)             (75)
Dividends declared to preferred shareholders                     (3,653)             (3,653)
Issuance of warrants on common shares                     (2,719)             (2,719)
Other comprehensive income (loss), net of tax               490                   490
Share issuance     $ 7     12,865                       12,872
Share issuance (in shares)     148                              
Share-based compensation           19,361                       19,361
Conversion of preferred shares $ (4,870)                                  
Conversion of preferred shares (in shares) (5)                                  
Conversion of preferred shares     $ 34     (34)                       (5)
Conversion of preferred shares (in shares)     668                              
Noncontrolling interest contributions (distributions)                             (3,793)     (3,793)
Contributions and other from noncontrolling interest                             6,298     6,298
IPO SPAC warrants to public holders, net of issuance cost                             13,480     13,480
Deemed dividends to SPAC public shareholders                     (6,724)       (18,709)     (25,433)
Accrued distribution on redeemable noncontrolling interest in subsidiary                     (9,445)             (9,445)
Other     $ 6     (1,564)                       (1,558)
Other (in shares)     96                              
Ending Balance at Dec. 31, 2021 $ 0 $ 466 $ 466 $ (81,881) $ 3,372,682 3,454,563 $ (10,634) (10,634) $ 60,701 $ (1,477,287) (1,537,988) $ (1,315,751) (1,315,751) $ 128,282 128,282 $ (21,180) $ 697,758 718,938
Ending Balance (in shares) at Dec. 31, 2021 0 9,295 9,295                              
Increase (Decrease) in Equity                                    
Net income (loss)                     (350,261)       43,043     (307,218)
Warrant Exercise, net of tax     $ 52     152,451                       152,503
Warrant Exercise, net of tax (in shares)     1,051                              
Other comprehensive income (loss), net of tax               (404)                   (404)
Share-based compensation           15,828                       15,828
Noncontrolling interest contributions (distributions)                             (3,490)     (3,490)
Deemed dividends to SPAC public shareholders                     (3,321)             (3,321)
Accrued distribution on redeemable noncontrolling interest in subsidiary                     (10,324)             (10,324)
Other     $ 7     (4,588)         40             (4,541)
Other (in shares)     159                              
Ending Balance at Dec. 31, 2022     $ 525     $ 3,536,373   $ (11,038)     $ (1,841,153)   $ (1,315,751)   $ 167,835     $ 536,791
Ending Balance (in shares) at Dec. 31, 2022     10,505