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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Loss per Share

The following table presents information necessary to calculate net income (loss) per share for the three and nine months ended September 30, 2023 and 2022 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

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

50

 

 

$

61,452

 

 

$

184,342

 

 

$

54,561

 

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

 

280,218

 

 

 

216,822

 

 

 

233,631

 

 

 

216,090

 

Basic net income per common share

$

0.00

 

 

$

0.28

 

 

$

0.79

 

 

$

0.25

 

 

 

 

 

 

 

 

 

 

 

 

 

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

50

 

 

$

61,452

 

 

$

184,342

 

 

$

54,561

 

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

 

281,984

 

 

 

220,454

 

 

 

234,488

 

 

 

219,381

 

Diluted net income per common share

$

0.00

 

 

$

0.28

 

 

$

0.79

 

 

$

0.25

 

Potentially dilutive securities excluded as anti-dilutive

 

3,268

 

 

 

3,359

 

 

 

10,351

 

 

 

3,359