Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
The following tables present unaudited quarterly financial data. This information has been derived from the Company’s unaudited financial statements and has been prepared on the same basis as the audited Consolidated Financial Statements appearing elsewhere in this Annual Report on Form 10-K.
 
 
Successor
 
 
Predecessor
(In millions, except per share amounts)
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
Period from December 16, 2017 through December 31, 2017
 
 
Period from October 1, 2017 through December 15, 2017
Fiscal Year Ended September 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
735

 
$
692

 
$
672

 
$
148

 
 
$
604

Gross profit
 
390

 
352

 
323

 
78

 
 
362

Operating income (loss)
 
11

 
(49
)
 
(89
)
 
2

 
 
36

Benefit from (provision for) income taxes
 
311

 
(20
)
 
9

 
246

 
 
(459
)
Net income (loss)
 
268

 
(88
)
 
(130
)
 
237

 
 
2,977

Net income (loss) attributable to common stockholders
 
268

 
(88
)
 
(130
)
 
237

 
 
2,582

Net income (loss) per common share - basic
 
$
2.44

 
$
(0.80
)
 
$
(1.18
)
 
$
2.16

 
 
$
5.19

Net income (loss) per common share - diluted
 
$
2.41

 
$
(0.80
)
 
$
(1.18
)
 
$
2.15

 
 
$
5.19

 
 
Predecessor
(In millions, except per share amounts)
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Fiscal Year Ended September 30, 2017
 
 
 
 
 
 
 
 
Revenue
 
$
790

 
$
803

 
$
804

 
$
875

Gross profit
 
496

 
493

 
484

 
535

Operating income (loss)
 
69

 
(43
)
 
75

 
70

(Provision for) benefit from income taxes
 
(6
)
 
6

 
19

 
(3
)
Net income (loss)
 
27

 
(98
)
 
(8
)
 
(103
)
Net income (loss) attributable to common stockholders
 
19

 
(106
)
 
(15
)
 
(111
)
Net income (loss) per common share - basic
 
$
0.04

 
$
(0.22
)
 
$
(0.03
)
 
$
(0.22
)
Net income (loss) per common share - diluted
 
$
0.04

 
$
(0.22
)
 
$
(0.03
)
 
$
(0.22
)