Earnings per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

	Three Months Ended March 31,
	2021		2020
Net income	$	2,887	$	73,685
Basic:
Weighted-average shares	126,994		119,994
Earnings per share	$	0.02	$	0.61
Diluted:
Weighted-average shares	126,994		119,994
Equity compensation dilutive securities	304		—
Weighted average dilutive shares	127,298		119,994
Earnings per share	$	0.02	$	0.61

There were 26,671,594 Class B units and 1,000 Class C Units of Former Parent issued to certain employees or directors of the Company which were not included in the calculation of basic or diluted EPS for the three months ended March 31, 2021 and 2020, as the Units do not represent potential units of the Company.