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Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2022
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):

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

2022

 

2021

 

2022

 

2021

 

Net income (loss)

$

195,141

 

$

(125,782

)

$

128,700

 

$

(247,273

)

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

82,566

 

 

81,823

 

 

82,320

 

 

81,630

 

Dilutive effect of securities

 

1,099

 

 

 

 

927

 

 

 

Weighted average common shares outstanding —
  diluted

 

83,665

 

 

81,823

 

 

83,247

 

 

81,630

 

 

 

 

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

Basic

$

2.36

 

$

(1.54

)

$

1.56

 

$

(3.03

)

Diluted

$

2.33

 

$

(1.54

)

$

1.55

 

$

(3.03

)

Anti-dilutive potentially issuable securities excluded
  from diluted common shares

 

 

 

869

 

 

1,664

 

 

2,252