Net Income (Loss) Per Common Share

6 Months Ended

Jun. 30, 2023

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 or 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 or loss per common share for the periods indicated:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Weighted average number of common shares outstanding - basic	54,137,327		39,190,251		53,981,463		37,964,617
Incremental common shares-unvested RSUs	160,303		110,629		119,570		110,629
Incremental common shares-unvested PSUs	287,452		257,582		226,352		257,582
Weighted average number of common shares outstanding - diluted	54,585,082		39,558,462		54,327,385		38,332,828
Net income to common shareholders	$	52,414	$	27,413	$	8,769	$	142,699
Net income per common share-basic	$	0.97	$	0.70	$	0.16	$	3.76
Net income per common share-diluted	$	0.96	$	0.69	$	0.16	$	3.72