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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Loss per Share

The following table presents information necessary to calculate net loss per share for the three and six months ended June 30, 2022 and 2021 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributed to common stockholders

$

21,886

 

 

$

(103,309

)

 

$

(6,891

)

 

$

(209,722

)

Weighted average number of common shares outstanding, excluding
   non-vested shares of restricted stock

 

216,165

 

 

 

188,408

 

 

 

215,718

 

 

 

188,044

 

Basic net income (loss) per common share

$

0.10

 

 

$

(0.55

)

 

$

(0.03

)

 

$

(1.12

)

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributed to common stockholders

$

21,886

 

 

$

(103,309

)

 

$

(6,891

)

 

$

(209,722

)

Weighted average number of common shares outstanding, excluding
   non-vested shares of restricted stock

 

216,165

 

 

 

188,408

 

 

 

215,718

 

 

 

188,044

 

Add dilutive effect of potential common shares

 

3,511

 

 

 

 

 

 

 

 

 

 

Weighted average number of diluted common shares outstanding

 

219,676

 

 

 

188,408

 

 

 

215,718

 

 

 

188,044

 

Diluted net income (loss) per common share

$

0.10

 

 

$

(0.55

)

 

$

(0.03

)

 

$

(1.12

)

Potentially dilutive securities excluded as anti-dilutive

 

3,683

 

 

 

10,361

 

 

 

9,982

 

 

 

10,361