EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of reconciling the numerator and denominator of EPS

The table below reconciles the numerator and denominator of EPS for the three months ended March 31, 2022 and 2021.

(in thousands, except per share information)

Three Months Ended March 31,

2022

2021

Basic and diluted EPS per common share:

Numerator for basic and diluted EPS per share of common stock:

Net loss - Basic and diluted

$

(148,727)

$

(29,369)

Weighted average shares of common stock:

Shares of common stock outstanding at the balance sheet date

177,117

94,411

Effect of weighting 

(119)

(9,066)

Weighted average shares-basic and diluted

176,998

85,345

Net loss per common share:

Basic and diluted

$

(0.84)

$

(0.34)

Anti-dilutive incentive shares not included in calculation

454

242