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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation For Calculation of Basic And Diluted Earnings Per Share

The following is a reconciliation for the calculation of basic and diluted earnings per share for the three and six months ended June 30, 2022 and 2021:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Net (loss) income

 

$

(24,021

)

 

$

40,880

 

 

$

(56,503

)

 

$

70,958

 

Less: Net loss and comprehensive loss attributed to non-controlling interest

 

 

(1,530

)

 

 

 

 

 

(2,037

)

 

 

 

Net (loss) income and comprehensive (loss) income attributed to common shareholders

 

$

(22,491

)

 

$

40,880

 

 

$

(54,466

)

 

$

70,958

 

Weighted average number of common shares outstanding

 

 

187,174,176

 

 

 

125,631,725

 

 

 

187,124,886

 

 

 

120,351,366

 

Dilutive effect of securities

 

 

 

 

 

7,370,506

 

 

 

 

 

 

7,533,547

 

Diluted weighted average number of common shares outstanding

 

 

187,174,176

 

 

 

133,002,231

 

 

 

187,124,886

 

 

 

127,884,913

 

Basic (loss) earnings per share

 

$

(0.12

)

 

$

0.33

 

 

$

(0.29

)

 

$

0.59

 

Diluted (loss) earnings per share

 

$

(0.12

)

 

$

0.31

 

 

$

(0.29

)

 

$

0.55