Annual report pursuant to Section 13 and 15(d)

Note 4 - Fresh-start Reporting - Schedule of Enterprise Value to Reorganization Value (Details)

v3.23.1
Note 4 - Fresh-start Reporting - Schedule of Enterprise Value to Reorganization Value (Details)
$ / shares in Units, $ in Thousands, shares in Millions
Aug. 27, 2020
USD ($)
$ / shares
shares
Implied value of Successor Company common stock $ 1,503,735
Reorganization, Chapter 11, Predecessor, before Adjustment [Member]  
Enterprise value (1) 1,150,000 [1]
Cash 92,009
Borrowings under accounts receivable facility (48,886)
Fair value of debt (514,950)
Fair value of warrants (11,200)
Implied value of Successor Company common stock $ 666,973
Shares issued upon emergence (Class A and B common stock) (in shares) | shares 4
Per share (in dollars per share) | $ / shares $ 167
Reorganization, Chapter 11, Plan Effect Adjustment [Member]  
Enterprise value (1) $ 1,150,000 [1]
Cash 92,009
Implied value of Successor Company common stock 1,503,735
Current liabilities (excluding AR facility and Current maturity of long-term debt) 134,257
Deferred tax liabilities 103,930
Other long-term liabilities 7,140
Non-current lease obligations $ 16,399
[1] Enterprise value includes the value of warrants that are classified as liability