EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings (Loss) Per Share

The following table presents the Company’s basic earnings (loss) per share and shares outstanding (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Numerator:
Net income (loss)	$	35,476	$	1,663	$	64,431	$	(25,915)
Denominator:
Weighted average number of common shares outstanding	179,872		184,232		179,841		179,220
Earnings (loss) per common share:
Earnings (loss) per common share, basic	$	0.20	$	0.01	$	0.36	$	(0.14)

The following table presents the Company’s diluted earnings (loss) per share and shares outstanding (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Numerator:
Net income (loss)	$	35,476	$	1,663	$	64,431	$	(25,915)
Denominator:
Weighted average number of common shares outstanding	179,872		184,232		179,841		179,220
Effect of dilutive securities	1,558		590		1,214		—
Weighted average number of common shares outstanding, diluted	181,430		184,822		181,055		179,220
Earnings (loss) per common share:
Earnings (loss) per common share, diluted	$	0.20	$	0.01	$	0.36	$	(0.14)