Net Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Net Income (Loss) Per Common Share

NET INCOME (LOSS) PER COMMON SHAREPlease refer to Note 1 for information regarding the Company’s treatment of its preferred stock and stock awards in the calculation of its basic and diluted net income (loss) per common share and to Note 7 for information regarding the Company’s stock award activity for the periods presented. The following table presents the computations of basic and diluted net income (loss) per common share for the periods indicated:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Weighted average number of common shares outstanding - basic	45,347,852		34,924,449		40,452,740		31,258,711
Incremental common shares-unsettled RSUs	—		55,019		86,666		55,019
Incremental common shares-unsettled PSUs	—		110,040		201,284		110,040
Weighted average number of common shares outstanding - diluted	45,347,852		35,089,508		40,740,690		31,423,770
Net (loss) income to common shareholders	$	(48,597)	$	12,110	$	94,102	$	78,811
Net (loss) income per common share-basic	$	(1.07)	$	0.35	$	2.33	$	2.52
Net (loss) income per common share-diluted	$	(1.07)	$	0.35	$	2.31	$	2.51