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Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of the Company’s basic and diluted income (loss) per share were as follows (in thousands, except for the per share amounts):

 

Year Ended December 31,

 

 

2021

 

2020

 

2019

 

Net income (loss)

$

(182,952

)

$

(465,605

)

$

58,729

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

81,769

 

 

67,664

 

 

54,185

 

Dilutive effect of securities

 

 

 

 

 

228

 

Weighted average common shares outstanding — diluted

 

81,769

 

 

67,664

 

 

54,413

 

 

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

 

 

Basic

$

(2.24

)

$

(6.88

)

$

1.08

 

Diluted

$

(2.24

)

$

(6.88

)

$

1.08

 

Anti-dilutive potentially issuable securities excluded
  from diluted common shares

 

1,709

 

 

5,019

 

 

4,220