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CONSOLIDATED AND COMBINED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock, Class A
Common Stock, Class B
Members' Equity
Mezzanine Equity
Common Stock
Common Stock, Class A
Common Stock
Common Stock, Class B
Additional Paid In Capital
Retained Earnings
Treasury Stock
Parent
Noncontrolling Interest
Balance at Dec. 31, 2012 $ 6,017     $ 6,017                
LLC Interest Issuance 77,158       $ 77,158              
Preferred return on redeemable LLC interests (3,886)     (3,886)                
Reorganization Transactions :                        
Deemed contribution - incentive unit compensation 1,233     1,233                
Net (loss) income 27,510     27,510                
Balance at Dec. 31, 2013       30,874                
Balance at Dec. 31, 2013         77,158              
Balance at Dec. 31, 2013 108,032                      
Preferred return on redeemable LLC interests       (1,723) 1,723              
Net loss prior to corporate reorganization (37,923)     (37,923)                
Balance prior to Corporate Reorganization and IPO 70,109     (8,772) 78,881              
Reorganization Transactions :                        
Payment of Preferred Return (6,726)       (6,726)              
Conversion of PE Units for class A Common Stock and Class B Common Stock       (42,316) $ (72,155) $ 432 $ 321 $ 113,718     $ 114,471  
Conversion of PE Units for class A Common Stock and Class B Common Stock (In Shares)           43,204,000 32,145,000          
Net deferred tax Liability due to corporate reorganization (95,530)             (95,530)     (95,530)  
Deemed contribution - incentive unit compensation 51,088     $ 51,088                
Net (loss) income 56,722                      
Balance at Dec. 31, 2014 992,489         $ 932 $ 321 644,636 $ 61,352   707,241 $ 285,248
Balance (in shares) at Dec. 31, 2014   93,937,947 0     93,937,000 32,145,000     37,000    
IPO Transactions:                        
Issuance of Class A Common Stock, net of underwriters discount and expenses 867,750         $ 500   867,250     867,750  
Issuance of Class A Common Stock, net of underwriters discount and expenses (in shares)           49,963,000            
Initial allocation of noncontrolling interest of Parsley LLC effective on the date of the IPO               (251,955)     (251,955) 251,955
Tax benefit from tax receivable agreement 59,633             59,633     59,633  
Liability due to tax receivable agreement (50,689)             (50,689)     (50,689)  
Issuance of restricted stock and restricted stock unit (in shares)           770,000            
Restricted stock forfeited (41)             (41)     (41)  
Restricted stock forfeited (in shares)                   37,000    
Stock based compensation 2,250             2,250     2,250  
Consolidated net income subsequent to the Corporate Reorganization and the IPO 94,645               61,352   61,352 33,293
Net (loss) income (73,031)               (50,484)   (50,484) (22,547)
Balance at Dec. 31, 2015 1,586,641         $ 1,360 $ 321 1,252,020 $ 10,868 $ (77) 1,264,492 322,149
Balance (in shares) at Dec. 31, 2015   136,728,906 32,145,296     136,729,000 32,145,000     105,000    
IPO Transactions:                        
Issuance of Class A Common Stock, net of underwriters discount and expenses 669,418         $ 428   668,990     669,418  
Issuance of Class A Common Stock, net of underwriters discount and expenses (in shares)           42,748,000            
Change in equity due to issuance of PE Units by Parsley LLC               (56,856)     (56,856) 56,856
Increase in net deferred tax liability due to issuance of PE Units by Parsley LLC (18,383)             (18,383)     (18,383)  
Initial allocation of noncontrolling interest of Parsley LLC effective on the date of the IPO 2,592                     $ 2,592
Tax benefit from tax receivable agreement 5,500             5,500     5,500  
Issuance of restricted stock and restricted stock unit (in shares)           42,000            
Restricted stock forfeited (364)             (293)   $ (71) (364)  
Restricted stock forfeited (in shares)                   68,000    
Vesting of restricted stock unit (6)                 $ (6) (6)  
Vesting of restricted stock unit (in shares)           2,000            
Stock based compensation $ 8,426             $ 8,426     $ 8,426