Earnings (loss) per Share

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings (loss) per Share

Earnings (loss) per Share

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Net (loss) income	$	(17)	$	2,392	$	2,870	$	76,077
Basic:
Weighted-average shares	126,994		119,994		126,994		119,994
Earnings (loss) per share	$	—	$	0.02	$	0.02	$	0.63
Diluted:
Weighted-average shares	126,994		119,994		126,994		119,994
Equity compensation dilutive securities	—		—		209		—
Weighted average dilutive shares	126,994		119,994		127,203		119,994
Earnings (loss) per share	$	—	$	0.02	$	0.02	$	0.63

Potentially dilutive common shares issuable pursuant to equity-based awards were not included for the three months ended June 30, 2021 as their potential effect was anti-dilutive as the Company generated a net loss.