Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of basic and diluted income (loss) per share:

	Three Months Ended March 31,
	2024		2023
Numerator:
Net income (loss)	$	95,481	$	108,063
Denominator:
Weighted average shares outstanding – basic	141,954		134,751
Dilutive effect of share-based awards	1,574		3,271
Dilutive effect of warrants	1,703		7,971
Weighted average shares outstanding – diluted	145,231		145,993
Per share data
Basic
Net income (loss)	$	0.67	$	0.80
Diluted
Net income (loss)	$	0.66	$	0.74

Schedule of Antidilutive Securities Excluded from Computation of Income (Loss) Per Share

The following table displays the share-based instruments that have been excluded from diluted income (loss) per share since the effect would have been anti-dilutive:

	Three Months Ended March 31,
	2024	2023
Warrants (1)	2,774	2,774

(1)Represents the total number of warrants outstanding which did not have a dilutive effect. In periods where the warrants are determined to be dilutive, the number of shares which will be included in the computation of diluted shares is determined using the Treasury Stock Method, adjusted for mandatory exercise provisions under the warrant agreements, if applicable.