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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Class A common stock
Class B common stock
Common Stock
Class A common stock
Common Stock
Class B common stock
Additional paid in capital
(Accumulated deficit) retained earnings
Treasury stock
Total stockholders’ equity
Noncontrolling interest
Restricted Stock
Restricted Stock
Class A common stock
Restricted Stock
Common Stock
Class A common stock
Restricted Stock
Additional paid in capital
Balance (in shares) at Dec. 31, 2016       179,730,000 28,008,000     139,000            
Balance at Dec. 31, 2016 $ 2,430,306     $ 1,797 $ 280 $ 2,151,197 $ (63,255) $ (381) $ 2,089,638 $ 340,668        
Issuance proceeds, net of underwriters discount and expenses (in shares)       66,700,000                    
Issuance proceeds, net of underwriters discount and expenses 2,123,527     $ 667   2,122,860     2,123,527          
Shares of Class B common stock issued for acquisition (in shares)         39,849,000                  
Shares of Class B common stock issued for acquisition 1,183,318       $ 399 1,182,919     1,183,318          
Change in equity due to issuance of PE Units by Parsley LLC           (915,749)     (915,749) 915,749        
Exchange of PE Units and Class B common stock for Class A common stock (in shares)       5,729,000 (5,729,000)                  
Exchange of PE Units and Class B common stock for Class A common stock       $ 57 $ (57) 105,522     105,522 (105,522)        
Issuance of restricted stock (in shares)       228,000                    
Issuance of restricted stock 370     $ 3   (3)       370        
Vesting of restricted stock units (in shares)       33,000                    
Repurchase of common stock (in shares)               12,000            
Repurchase of common stock (354)             $ (354) (354)          
Restricted stock forfeited (in shares)               8,000            
Restricted stock forfeited (14)         (14)     (14)          
Stock-based compensation 19,633         19,633     19,633          
Net (loss) income 123,920           106,774   106,774 17,146        
Balance (in shares) at Dec. 31, 2017       252,420,000 62,128,000     159,000            
Balance at Dec. 31, 2017 5,880,706     $ 2,524 $ 622 4,666,365 43,519 $ (735) 4,712,295 1,168,411        
Exchange of PE Units and Class B common stock for Class A common stock (in shares)       25,580,000 (25,580,000)               1,098,000  
Exchange of PE Units and Class B common stock for Class A common stock       $ 256 $ (256) 491,614     491,614 (491,614)     $ 11 $ (11)
Change in net deferred tax liability due to exchange of PE Units and Class B common stock for Class A common stock (13,841)         (13,841)     (13,841)          
Distribution to owners from consolidated subsidiary (1,962)                 (1,962)        
Issuance of restricted stock (in shares)       803,000                    
Issuance of restricted stock       $ 8   (8)                
Vesting of restricted stock units (in shares)       926,000                    
Vesting of restricted stock units       $ 9   (9)                
Repurchase of common stock (in shares)               435,000            
Repurchase of common stock (11,014)             $ (11,014) (11,014)          
Restricted stock forfeited (in shares)               28,000            
Restricted stock forfeited (967)         (967)     (967)          
Stock-based compensation 20,844         20,844     20,844          
Net (loss) income 445,969           369,127   369,127 76,842        
Balance (in shares) at Dec. 31, 2018       280,827,000 36,548,000     622,000            
Balance at Dec. 31, 2018 6,319,735     $ 2,808 $ 366 5,163,987 412,646 $ (11,749) 5,568,058 751,677        
Restated balance (in shares)   280,205,293 36,547,731                      
Exchange of PE Units and Class B common stock for Class A common stock (in shares)       1,128,000 (1,128,000)                  
Exchange of PE Units and Class B common stock for Class A common stock       $ 11 $ (11) 18,939     18,939 (18,939)        
Change in net deferred tax liability due to exchange of PE Units and Class B common stock for Class A common stock (2,810)         (2,810)     (2,810)          
Distribution to owners from consolidated subsidiary (603)                 (603)        
Dividends, Cash (19,095)           (16,969)   (16,969) (2,126)        
Vesting of restricted stock units (in shares)       305,000             309,699      
Vesting of restricted stock units       $ 3   (3)                
Repurchase of common stock (in shares)               311,000            
Repurchase of common stock (5,679)             $ (5,679) (5,679)          
Restricted stock forfeited (in shares)               86,000            
Restricted stock forfeited (1,315)         (1,315)     (1,315)          
Stock-based compensation 21,997         21,997     21,997          
Net (loss) income 210,418           175,212   175,212 35,206        
Balance (in shares) at Dec. 31, 2019       282,260,000 35,420,000     1,019,000            
Balance at Dec. 31, 2019 $ 6,522,648     $ 2,822 $ 355 $ 5,200,795 $ 570,889 $ (17,428) $ 5,757,433 $ 765,215        
Restated balance (in shares)   281,241,443 35,420,258                 400,000