Income (Loss) Per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Income (Loss) Per Share

Note 9 — 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 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,
	2021			2020
Net income (loss)	$	(121,491	)	$	157,749
Weighted average common shares outstanding — basic		81,435			58,240
Dilutive effect of securities		—			332
Weighted average common shares outstanding — diluted		81,435			58,572
Net income (loss) per common share:
Basic	$	(1.49	)	$	2.71
Diluted	$	(1.49	)	$	2.69
Anti-dilutive potentially issuable securities excluded    from diluted common shares		2,949			4,358