XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.2
EARNINGS (LOSS) PER COMMON SHARE (“EPS”) (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents information necessary to calculate basic and diluted EPS for the three and six months ended June 30, 2022, and 2021:
Three months ended June 30,Six months ended June 30,
2022202120222021
Net (loss) income$(203,312)$2,257 $(226,608)$7,197 
Weighted-average shares of common stock outstanding44,910,193 37,862,417 44,814,881 35,792,374 
Dilutive effect of warrants using the treasury stock method 2,030,346  2,435,405 
Dilutive effect of restricted stock units using the treasury stock method 1,441,790  1,550,076 
Dilutive effect of stock options using the treasury stock method 710,376  745,831 
Diluted weighted-average shares of common stock outstanding44,910,193 42,044,929 44,814,881 40,523,686 
Basic EPS$(4.53)$0.06 $(5.06)$0.20 
Diluted EPS$(4.53)$0.05 $(5.06)$0.18 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The computation of the weighted-average shares of common stock outstanding for diluted EPS excludes the following potential common shares as their inclusion would have an anti-dilutive effect:
Three months ended June 30,Six months ended June 30,
2022202120222021
Shares subject to warrants outstanding17,669 2,822,764 17,669 3,261,951 
Shares subject to unvested performance based and restricted stock units1,071,053 1,554,156 1,071,053 1,659,654 
Shares subject to stock options outstanding695,769 857,528 695,769 884,774