Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following sets forth the computation of basic and diluted earnings per share under the two-class method:

	Three Months Ended June 30,						Six Months Ended June 30,
(Thousands, except per share data)	2021			2020			2021			2020
Basic earnings per share:
Numerator:
Net income (loss) attributable to shareholders	$	48,907		$	(587,744	)	$	44,469		$	(666,597	)
Less: Income allocated to participating securities		(333	)		(424	)		(581	)		(624	)
Dividends declared on convertible preferred stock		(2	)		(1	)		(5	)		(4	)
Net income (loss) attributable to common shares	$	48,572		$	(588,169	)	$	43,883		$	(667,225	)
Denominator:
Basic weighted-average common shares outstanding		231,801			192,479			231,636			192,358
Basic earnings (loss) per common share	$	0.21		$	(3.06	)	$	0.19		$	(3.47	)

	Three Months Ended June 30,						Six Months Ended June 30,
(Thousands, except per share data)	2021			2020			2021			2020
Diluted earnings per share:
Numerator:
Net income (loss) attributable to shareholders	$	48,907		$	(587,744	)	$	44,469		$	(666,597	)
Less: Income allocated to participating securities		(333	)		(424	)		(581	)		(624	)
Dividends declared on convertible preferred stock		(2	)		(1	)		(5	)		(4	)
Impact on if-converted dilutive securities		2,974			-			-			-
Net income (loss) attributable to common shares	$	51,546		$	(588,169	)	$	43,883		$	(667,225	)
Denominator:
Basic weighted-average common shares outstanding		231,801			192,479			231,636			192,358
Effect of dilutive non-participating securities		135			-			226			-
Impact on if-converted dilutive securities		30,332			-			-			-
Weighted-average shares for dilutive earnings per common share		262,268			192,479			231,862			192,358
Dilutive earnings (loss) per common share	$	0.20		$	(3.06	)	$	0.19		$	(3.47	)