EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table illustrates the computation of basic and diluted earnings per share for the three months ended March 31, 2024 and 2023 (in thousands, except share and per share amounts):

	Three Months Ended March 31,
	2024		2023
Numerator
Net income (loss)	$	26,254	$	(9,487)
Denominator
Basic weighted average common shares and common equivalents	231,453,564		231,164,876
Dilutive restricted stock units	1,911,467		—
Diluted weighted average common shares	233,365,031		231,164,876
Net income (loss), per:
Basic common share	$	0.11	$	(0.04)
Diluted common share	$	0.11	$	(0.04)