Earnings (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Loss Per Common Share

The following table sets forth the computation of basic and diluted earnings (loss) per common share:

 

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
	(in thousands, except per-share amounts)
Numerator
Net income (loss)	$	(192,927)	$	(2,349)	$	(335,562)	$	(106,260)
Denominator
Weighted-average shares outstanding, basic	109,506		109,161		109,468		109,136
Effect of dilutive shares	—		—		—		—
Adjusted weighted-average shares outstanding, diluted	109,506		109,161		109,468		109,136
Earnings (loss) per share
Basic earnings (loss) per common share	$	(1.76)	$	(0.02)	$	(3.07)	$	(0.97)
Diluted earnings (loss) per common share	$	(1.76)	$	(0.02)	$	(3.07)	$	(0.97)