10-Q Filing

GULFPORT ENERGY CORP CIK: 874499 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-015106`
Period End Date	20230331
Filing Date	20230503
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	gpor-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 48 Cash Flow Statement 42 Stockholders Equity 25 Comprehensive Income 8

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, par or stated value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary equity, par or stated value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary equity, par or stated value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary equity, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	110,000.00	shares	Point-in-time
Temporary equity, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	110,000.00	shares	Point-in-time
Temporary equity, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	110,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.26M	USD	Point-in-time
Temporary equity, shares issued (in shares)	`TemporaryEquitySharesIssued`	52,300.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.46M	USD	Point-in-time
Temporary equity, shares issued (in shares)	`TemporaryEquitySharesIssued`	52,300.00	shares	Point-in-time
Accounts receivableoil, natural gas, and natural gas liquids sales	`AccountsReceivableNetCurrent`	$278.40M	USD	Point-in-time
Accounts receivableoil, natural gas, and natural gas liquids sales	`AccountsReceivableNetCurrent`	$119.86M	USD	Point-in-time
Temporary equity, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	52,300.00	shares	Point-in-time
Temporary equity, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	52,295.00	shares	Point-in-time
Accounts receivablejoint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$23.32M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivablejoint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$21.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	42.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	42.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	42.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.39M	USD	Point-in-time
Short-term derivative instruments	`DerivativeAssetsCurrent`	$137.87M	USD	Point-in-time
Short-term derivative instruments	`DerivativeAssetsCurrent`	$87.51M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	18.60M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	19.80M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	19.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$290.89M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	18.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$402.27M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	19.10M	shares	Point-in-time
Common stock, capital shares reserved for future issuance (in shares)	`CommonStockCapitalSharesReservedForFutureIssuance`	62,000.00	shares	Point-in-time
Common stock, capital shares reserved for future issuance (in shares)	`CommonStockCapitalSharesReservedForFutureIssuance`	62,000.00	shares	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockShares`	6,100.00	shares	Point-in-time
Treasury stock shares (in shares)	`TreasuryStockShares`	3,900.00	shares	Point-in-time
Proved oil and natural gas properties	`ProvedOilAndGasPropertyFullCostMethodGross`	$2.56B	USD	Point-in-time
Proved oil and natural gas properties	`ProvedOilAndGasPropertyFullCostMethodGross`	$2.42B	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertyFullCostMethodGross`	$183.46M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertyFullCostMethodGross`	$178.47M	USD	Point-in-time
Other property and equipment	`PropertyPlantandEquipmentOtherThanOilAndGasPropertyGross`	$6.36M	USD	Point-in-time
Other property and equipment	`PropertyPlantandEquipmentOtherThanOilAndGasPropertyGross`	$7.17M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$2.76B	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentGross`	$2.60B	USD	Point-in-time
Less: accumulated depletion, depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$545.77M	USD	Point-in-time
Less: accumulated depletion, depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$625.02M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.13B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.06B	USD	Point-in-time
Long-term derivative instruments	`DerivativeAssetsNoncurrent`	$26.52M	USD	Point-in-time
Long-term derivative instruments	`DerivativeAssetsNoncurrent`	$62.83M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$26.71M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$23.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$19.74M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.24M	USD	Point-in-time
Total other assets	`TotalOtherAssets`	$74.48M	USD	Point-in-time
Total other assets	`TotalOtherAssets`	$106.25M	USD	Point-in-time
Total assets	`Assets`	$2.53B	USD	Point-in-time
Total assets	`Assets`	$2.53B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$437.38M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$378.04M	USD	Point-in-time
Short-term derivative instruments	`DerivativeLiabilitiesCurrent`	$343.52M	USD	Point-in-time
Short-term derivative instruments	`DerivativeLiabilitiesCurrent`	$80.86M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$12.41M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$12.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$793.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$471.48M	USD	Point-in-time
Long-term derivative instruments	`DerivativeLiabilitiesNoncurrent`	$118.40M	USD	Point-in-time
Long-term derivative instruments	`DerivativeLiabilitiesNoncurrent`	$90.04M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$33.17M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$32.85M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$14.30M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.10M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$694.15M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$549.21M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$860.03M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$683.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.15B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.65B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.0001 par value, 110.0 thousand shares authorized, 52.3 thousand issued and outstanding at March 31, 2023, and 52.3 thousand issued and outstanding at December 31, 2022	`TemporaryEquityCarryingAmountAttributableToParent`	$52.30M	USD	Point-in-time
Preferred stock - $0.0001 par value, 110.0 thousand shares authorized, 52.3 thousand issued and outstanding at March 31, 2023, and 52.3 thousand issued and outstanding at December 31, 2022	`TemporaryEquityCarryingAmountAttributableToParent`	$52.30M	USD	Point-in-time
Common stock - $0.0001 par value, 42.0 million shares authorized, 18.6 million issued and outstanding at March 31, 2023, and 19.1 million issued and outstanding at December 31, 2022	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock - $0.0001 par value, 42.0 million shares authorized, 18.6 million issued and outstanding at March 31, 2023, and 19.1 million issued and outstanding at December 31, 2022	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$449.24M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$419.02M	USD	Point-in-time
Common stock held in reserve, 62 thousand shares at March 31, 2023, and 62 thousand shares at December 31, 2022	`CommonStockValueHeldForFutureIssuance`	$-2.00M	USD	Point-in-time
Common stock held in reserve, 62 thousand shares at March 31, 2023, and 62 thousand shares at December 31, 2022	`CommonStockValueHeldForFutureIssuance`	$-2.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$903.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$381.87M	USD	Point-in-time
Treasury stock, at cost - 6.1 thousand shares at March 31, 2023, and 3.9 thousand shares at December 31, 2022	`TreasuryStockValue`	$286.00K	USD	Point-in-time
Treasury stock, at cost - 6.1 thousand shares at March 31, 2023, and 3.9 thousand shares at December 31, 2022	`TreasuryStockValue`	$487.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$549.48M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$50.46M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$828.84M	USD	Point-in-time
Total liabilities, mezzanine equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.53B	USD	Point-in-time
Total liabilities, mezzanine equity and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.53B	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net gain (loss) on natural gas, oil and NGL derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-788.55M	USD	1 Quarter
Net gain (loss) on natural gas, oil and NGL derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$378.06M	USD	1 Quarter
Total revenues	`Revenues`	$-307.82M	USD	1 Quarter
Total revenues	`Revenues`	$731.22M	USD	1 Quarter
Lease operating expenses	`OperatingLeaseExpense`	$17.64M	USD	1 Quarter
Lease operating expenses	`OperatingLeaseExpense`	$19.86M	USD	1 Quarter
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$10.70M	USD	1 Quarter
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$12.47M	USD	1 Quarter
Transportation, gathering, processing and compression	`CostOfRevenue`	$84.79M	USD	1 Quarter
Transportation, gathering, processing and compression	`CostOfRevenue`	$87.62M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.09M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$62.28M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.11M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.73M	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	$1.87M	USD	1 Quarter
Restructuring costs	`RestructuringCharges`	-	USD	1 Quarter
Accretion expense	`AssetRetirementObligationAccretionExpense`	$692.00K	USD	1 Quarter
Accretion expense	`AssetRetirementObligationAccretionExpense`	$764.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$184.99M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$208.63M	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-492.80M	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$522.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.76M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$14.22M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$14.81M	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$467.00K	USD	1 Quarter
Total other (income) expense	`NonoperatingIncomeExpense`	$826.00K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$523.05M	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-491.98M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$523.05M	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-491.98M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsAndOtherAdjustments`	$1.45M	USD	1 Quarter
Dividends on preferred stock	`PreferredStockDividendsAndOtherAdjustments`	$1.31M	USD	1 Quarter
Participating securities - preferred stock	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$86.22M	USD	1 Quarter
Participating securities - preferred stock	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	-	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$435.53M	USD	1 Quarter
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-493.42M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$23.08	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-23.23	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$22.90	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-23.23	USD	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	18.87M	shares	1 Quarter
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.24M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.24M	shares	1 Quarter
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.05M	shares	1 Quarter

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$523.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-491.98M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$79.09M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$62.28M	USD	1 Quarter
Net (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$-788.55M	USD	1 Quarter
Net (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivativesAndCommodityContracts`	$378.06M	USD	1 Quarter
Net cash receipts (payments) on settled derivative instruments	`CashSettlementOnDerivativeInstruments`	$-125.05M	USD	1 Quarter
Net cash receipts (payments) on settled derivative instruments	`CashSettlementOnDerivativeInstruments`	$367.00K	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$2.69M	USD	1 Quarter
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$4.84M	USD	1 Quarter
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-17.19M	USD	1 Quarter
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-74.76M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$253.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$304.06M	USD	1 Quarter
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$130.40M	USD	1 Quarter
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$80.27M	USD	1 Quarter
Proceeds from sale of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$2.46M	USD	1 Quarter
Proceeds from sale of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$644.00K	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.28M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-128.58M	USD	1 Quarter
Debt issuance costs and loan commitment fees	`PaymentsOfFinancingCosts`	$61.00K	USD	1 Quarter
Debt issuance costs and loan commitment fees	`PaymentsOfFinancingCosts`	$7.00K	USD	1 Quarter
Dividends on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.31M	USD	1 Quarter
Dividends on preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.45M	USD	1 Quarter
Repurchase of common stock under Repurchase Program	`RepaymentsOfSeniorDebt`	$30.19M	USD	1 Quarter
Repurchase of common stock under Repurchase Program	`RepaymentsOfSeniorDebt`	$32.67M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-80.00K	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-287.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-170.78M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-179.27M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.64M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.80M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.26M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.90M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	18.60M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	19.10M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$549.48M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$50.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$828.84M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$523.05M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-491.98M	USD	1 Quarter
Conversion of preferred stock (in shares)	`StockIssuedDuringPeriodSharesConversionOfUnits`	0.00	shares	1 Quarter
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfUnits`	$18.00K	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.75M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.07M	USD	1 Quarter
Repurchase of common stock under Repurchase Program	`StockRepurchasedAndRetiredDuringPeriodValue`	$33.20M	USD	1 Quarter
Repurchase of common stock under Repurchase Program	`StockRepurchasedAndRetiredDuringPeriodValue`	$35.51M	USD	1 Quarter
Issuance of common stock held in reserve	`StockIssuedDuringPeriodValueNewIssues`	$28.22M	USD	1 Quarter
Issuance of restricted stock, net of shares withheld for income taxes	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-80.00K	USD	1 Quarter
Issuance of restricted stock, net of shares withheld for income taxes	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-287.00K	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStock`	$1.31M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStock`	$1.45M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	18.60M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	19.10M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$549.48M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$50.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$828.84M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$523.05M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-491.98M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-491.98M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$523.05M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.