EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Basic and Diluted Net Loss Per Share

The components of basic and diluted earnings per share were as follows:

	Years Ended December 31,					Period February 7, 2017 through December 31, 2017
	2019		2018
(in thousands, except per share amounts)
Basic EPS:
Numerator:
Net income (loss) attributable to TIP Inc.	$	2,878	$	(20,205	)	$	(15,337	)
Denominator:
Basic weighted average Common Shares outstanding		56,629,405		53,678,914			44,692,369
Net income (loss) per share:
Basic	$	0.05	$	(0.38	)	$	(0.34	)
Diluted EPS:
Numerator:
Net income (loss) attributable to TIP Inc.	$	2,878	$	(20,205	)	$	(15,337	)
Add back: Net loss attributable to Class C Units – Redeemable for Common Shares		—		(11,996	)		(18,444	)
Net income (loss) attributable to TIP Inc. and Class C Units	$	2,878	$	(32,201	)	$	(33,781	)
Denominator:
Basic weighted average Common Shares outstanding		56,629,405		53,678,914			44,692,369
Effect of dilutive securities:
Unvested RSUs		157,940		—			—
Weighted average Class C Units – Redeemable for Common Shares		—		28,514,587			37,058,289
Diluted weighted average Common Shares outstanding		56,787,345		82,193,501			81,750,658
Net income (loss) per share:
Diluted	$	0.05	$	(0.39	)	$	(0.41	)

Weighted Average Dilutive Effect of Common Shares Not Included in Computation of Diluted Earnings Per Share

The following table indicates the weighted average dilutive effect of Common Shares that may be issued in the future. These Common Shares were not included in the computation of diluted earnings per share for the year ended December 31, 2019 and 2018, and the period from February 7, 2017 through December 31, 2017, because the effect was either anti-dilutive or the conditions for vesting were not met:

	Years Ended December 31,				Period February 7, 2017 through December 31, 2017
	2019		2018
Class C Units		26,439,817		—		—
Warrants		13,402,685		13,402,685		13,402,685
Forfeitable Founders shares		1,675,336		1,675,336		1,675,336
Unvested RSUs		1,074,144		1,674,684		704,360
Unvested Class C Units		96,065		144,098		192,130
Common Shares excluded from calculation of diluted net income (loss) per share		42,688,047		16,896,803		15,974,511