Net (Loss) Income per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Calculation of Net (Loss) Income Per Common Share

The following summarizes the calculation of net (loss) income per common share attributable to common shareholders for the three and six months ended June 30, 2023 and 2022:

	Three Months Ended  June 30,				Six Months Ended  June 30,
(in thousands, except per share data)	2023		2022		2023		2022
Net (loss) income	$	(28,241)	$	28,604	$	(52,659)	$	67,884
Weighted average shares outstanding - basic	75,801		74,710		75,559		74,158
Dilutive shares	—		1,587		—		2,011
Weighted average shares outstanding - diluted	75,801		76,297		75,559		76,169
Net (loss) income per common share:
Basic	$	(0.37)	$	0.38	$	(0.70)	$	0.92
Diluted	$	(0.37)	$	0.37	$	(0.70)	$	0.89