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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Preferred Shares
Mandatory Convertible Preferred Shares
Common Shares
Adjusted Balance
Common Shares
Capital in Excess of Par Value
Impact of adoption of ASU 2020-06
Capital in Excess of Par Value
Adjusted Balance
Capital in Excess of Par Value
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, 2020 $ 5   $ 419     $ 3,423,935   $ (11,124)     $ (946,100)   $ (1,315,751)   $ 105,424     $ 1,256,808
Beginning 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)
Share issuance     $ 7     12,865                       12,872
Share issuance (in shares)     148                              
Other comprehensive income (loss), net of tax               490                   490
Share-based compensation           19,361                       19,361
Conversion of preferred shares $ (5)                                  
Conversion of preferred shares (in shares) (4,870)                                  
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   $ 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   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                              
Increase (Decrease) in Equity                                    
Net income (loss)                     (11,784)       61,688     49,904
Other comprehensive income (loss), net of tax               206                   206
Vesting of restricted stock awards, net of shares withheld for employee taxes     $ (2)     (7,077)                       (7,079)
Vesting of restricted stock awards, net of shares withheld for employee taxes (in shares)     (50)                              
Share-based compensation     $ 8     15,839                       15,847
Share-based compensation (in shares)     101                              
Noncontrolling interest contributions (distributions)                             5,237     5,237
IPO SPAC warrants to public holders, net of issuance cost                             3,426     3,426
Deemed dividends to SPAC public shareholders                     (8,638)       (22,790)     (31,428)
Accrued distribution on redeemable noncontrolling interest in subsidiary                     (29,824)             (29,824)
Other     $ (4)     (6,239)         5,173             (1,070)
Ending Balance at Dec. 31, 2023     $ 527     $ 3,538,896   $ (10,832)     $ (1,886,226)   $ (1,315,751)   $ 215,396     $ 542,010
Ending Balance (in shares) at Dec. 31, 2023     10,556