Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
(Thousands, except per share data)	2023		2022
Basic earnings per share:
Numerator:
Net (loss) income attributable to shareholders	$	(19,202)	$	52,730
Less: Income allocated to participating securities	(247)		(331)
Dividends declared on convertible preferred stock	(5)		(5)
Net (loss) income attributable to common shares	$	(19,454)	$	52,394
Denominator:
Basic weighted-average common shares outstanding	236,090		235,046
Basic (loss) earnings per common share	$	(0.08)	$	0.22

	Three Months Ended March 31,
(Thousands, except per share data)	2023		2022
Diluted earnings per share:
Numerator:
Net (loss) income attributable to shareholders	$	(19,202)	$	52,730
Less: Income allocated to participating securities	(247)		(331)
Dividends declared on convertible preferred stock	(5)		(5)
Impact on if-converted dilutive securities	—		2,994
Net (loss) income attributable to common shares	$	(19,454)	$	55,388
Denominator:
Basic weighted-average common shares outstanding	236,090		235,046
Effect of dilutive non-participating securities	—		1,226
Impact on if-converted dilutive securities	—		31,032
Weighted-average shares for dilutive earnings per common share	236,090		267,304
Dilutive (loss) earnings per common share	$	(0.08)	$	0.21