General form of registration statement for all companies including face-amount certificate companies

Net Loss per Unit

v3.21.2
Net Loss per Unit
6 Months Ended 11 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Net Loss per Unit    
Net Loss per Unit

Note Q — Net Loss per Unit

The numerators and denominators of the basic and diluted net loss per Unit are computed as follows (in thousands, except for Unit data):

Successor

    

Six month period

    

Period from

ended June 30,

February 10, 2020

2021

to June 30, 2020

Numerator:

 

  

 

  

Net loss

$

(23,575)

$

(4,972)

Denominator:

 

  

 

  

Weighted average Units outstanding – basic and diluted

 

100

 

100

Basic and diluted loss per Unit

$

(236)

$

(50)

There were no potentially issuable Units or other dilutive securities in the Successor 2021 Period or for the Successor Q2 2020 Period.

Note R – Net Loss per Unit

The numerators and denominators of the basic and diluted net loss per Unit are computed as follows (in thousands, except for Unit data):

    

Successor

Period from

 February 10,

 2020 to

December 31,

2020

Basic and diluted net income (loss) per Unit

  

Numerator:

  

Net loss

$

(14,374)

Denominator:

  

Weighted average Units outstanding – basic and diluted

 

100

Basic and diluted net income (loss) per Unit

 

(144)

There were no potentially issuable Units or other dilutive securities in the Successor 2020 Period.