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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted net (loss) income per common share (amounts in millions, except per share amounts).
 
Successor
 
 
Predecessor
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
 
 
Three Months Ended June 30, 2018
 
Six Months Ended June 30, 2018
Net (loss) income attributable to Successor/Predecessor
$
(87
)
 
$
(273
)
 
 
$
58

 
$
218

Less: Undistributed earnings attributable to participating stockholders

 

 
 

 

Net (loss) income attributable to common stockholders
$
(87
)
 
$
(273
)
 
 
$
58

 
$
218

 
 
 
 
 
 
 
 
 
Net (loss) income per common share attributable to Successor/Predecessor:
 
 
 
 
 
 
 
 
Basic
$
(0.96
)
 
$
(3.00
)
 
 
$
0.59

 
$
2.22

Diluted
$
(0.96
)
 
$
(3.00
)
 
 
$
0.59

 
$
2.20

 
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding (in thousands):
 
 
 
 
 
 
 
 
Basic
91,054

 
90,978

 
 
98,203

 
98,037

Dilutive effect of stock awards

 

 
 
927

 
1,086

Dilutive effect of participating securities

 

 
 

 

Diluted
91,054

 
90,978

 
 
99,130

 
99,123