Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share for Noble-UK

The following table presents the computation of basic and diluted loss per share for Noble:

	Successor				Predecessor
			Period From		Period From
	Three Months		February 6, 2021		January 1, 2021		Three Months		Nine Months
	Ended		through		through		Ended		Ended
	September 30, 2021		September 30, 2021		February 5, 2021		September 30, 2020		September 30, 2020
Numerator:
Basic
Net income (loss) from continuing operations	$	(23,665)	$	(21,454)	$	250,228	$	(50,868)	$	(1,155,739)
Net loss from discontinued operations, net of tax	—		—		—		—		—
Net income (loss)	$	(23,665)	$	(21,454)	$	250,228	$	(50,868)	$	(1,155,739)
Diluted
Net income (loss)	$	(23,665)	$	(21,454)	$	250,228	$	(50,868)	$	(1,155,739)
Denominator:
Weighted average shares outstanding - basic	66,623		61,847		251,115		251,058		250,696
Dilutive effect of share-based awards	—		—		5,456		—		—
Weighted average shares outstanding - diluted	66,623		61,847		256,571		251,058		250,696
Per share data
Basic:
Net income (loss)	$	(0.36)	$	(0.35)	$	1.00	$	(0.20)	$	(4.61)
Diluted:
Net income (loss)	$	(0.36)	$	(0.35)	$	0.98	$	(0.20)	$	(4.61)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table displays the share-based instruments that have been excluded from diluted income or loss per share since the effect would have been anti-dilutive:

	Successor		Predecessor
		Period From	Period From
		February 6, 2021	January 1, 2021
	Three Months Ended	through	through	Three Months Ended	Nine Months Ended
	September 30, 2021	September 30, 2021	February 5, 2021	September 30, 2020	September 30, 2020
Share-based awards	3,124	3,124	556	6,431	6,431
Warrants (1)	19,412	19,412	—	—	—

(1) Represents the total number of warrants outstanding which did not have a dilutive effect. In periods where the warrants are determined to be dilutive, the number of shares which will be included in the computation of diluted shares is determined using the treasury stock method, adjusted for mandatory exercise provisions under the warrant agreements if applicable.