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Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2024202320242023
Numerator:
Net income (loss)$195,008 $65,816 $290,489 $173,879 
Denominator:
Weighted average shares outstanding – basic142,854 138,058 142,404 136,502 
Dilutive effect of share-based awards1,559 3,242 1,559 3,242 
Dilutive effect of warrants1,647 5,692 1,651 6,810 
Weighted average shares outstanding – diluted146,060 146,992 145,614 146,554 
Per share data
Basic
Net income (loss)$1.37 $0.48 $2.04 $1.27 
Diluted
Net income (loss)$1.34 $0.45 $1.99 $1.19 
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 June 30,Six Months Ended June 30,
2024202320242023
Warrants (1)
2,774 2,774 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.