XML 62 R46.htm IDEA: XBRL DOCUMENT v3.22.4
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2022
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:
Year Ended December 31,
(Thousands, except per share data)202220212020
Basic earnings per share:
Numerator:
Net (loss) income attributable to shareholders$(8,275)$123,660 $(706,301)
Less: Income allocated to participating securities(1,135)(1,077)(1,078)
Dividends declared on convertible preferred stock(20)(10)(9)
Net (loss) income attributable to common shares$(9,430)$122,573 $(707,388)
Denominator:
Basic weighted-average common shares outstanding235,567 232,888 203,600 
Basic (loss) earnings per common share$(0.04)$0.53 $(3.47)
Year Ended December 31,
(Thousands, except per share data)202220212020
Diluted earnings per share:
Numerator:
Net (loss) income attributable to shareholders$(8,275)$123,660 $(706,301)
Less: Income allocated to participating securities(1,135)(1,077)(1,078)
Dividends declared on convertible preferred stock(20)(10)(9)
Impact on if-converted dilutive securities— 11,926 — 
Net (loss) income attributable to common shares$(9,430)$134,499 $(707,388)
Denominator:   
Basic weighted-average common shares outstanding235,567 232,888 203,600 
Impact on if-converted dilutive securities— 30,809 — 
Effect of dilutive non-participating securities— 380 — 
Weighted-average shares for dilutive earnings per common share235,567 264,077 203,600 
Dilutive (loss) earnings per common share$(0.04)$0.51 $(3.47)