Income (Loss) Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Income (Loss) Per Share

Note 8 — Income (Loss) Per Share

Basic earnings per common share is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Except when the effect would be antidilutive, diluted earnings per common share includes the impact of RSUs, PSUs and outstanding warrants. The warrants expired unexercised on February 28, 2021.

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):

	Three Months Ended March 31,
	2022			2021
Net loss	$	(66,441	)	$	(121,491	)
Weighted average common shares outstanding — basic		82,071			81,435
Dilutive effect of securities		—			—
Weighted average common shares outstanding — diluted		82,071			81,435
Net loss per common share:
Basic	$	(0.81	)	$	(1.49	)
Diluted	$	(0.81	)	$	(1.49	)
Anti-dilutive potentially issuable securities excluded from diluted   common shares		3,329			2,949