Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share

	Earnings (Loss) (Numerator)		Weighted Shares (Denominator)	Per-Share Amount
	(In thousands except per share amounts)
Three months ended March 31, 2023
Basic earnings attributable to Unit Corporation per common share	$	134,650	9,667	$	13.93
Effect of dilutive restricted stock units and stock options (1)	—		128	(0.18)
Diluted earnings attributable to Unit Corporation per common share	$	134,650	9,795	$	13.75
Three months ended March 31, 2022
Basic loss attributable to Unit Corporation per common share	$	(46,877)	10,050	$	(4.66)
Effect of dilutive potential common shares (2)	—		—	—
Diluted loss attributable to Unit Corporation per common share	$	(46,877)	10,050	$	(4.66)
1.The diluted earnings per share calculation for the three months ended March 31, 2023 excludes the effects related to 1,815,410 average warrants with a $63.74 exercise price because their inclusion would be antidilutive. 2.The diluted earnings per share calculation for the three months ended March 31, 2022 excludes the effects related to 1,822,203 average warrants with a $63.74 exercise price, 319,192 average outstanding restricted stock units, and 368,126 average outstanding stock options with a $45.00 exercise price because their inclusion would be antidilutive.