Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of weighted-average anti-dilutive securities

The following table details the weighted-average number of anti-dilutive securities for the periods presented:

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
	2022	2021	2022	2021
	(in thousands)
Anti-dilutive	—	—	—	5,200

Schedule of calculations of basic and diluted net income (loss) per common share

The following table sets forth the calculations of basic and diluted net income (loss) per common share:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands, except per share data)
Net income (loss)	$	481,240	$	85,593	$	853,489	$	(388,671)
Basic weighted-average common shares outstanding	123,195		121,457		122,318		118,224
Dilutive effect of non-vested RSUs and contingent PSUs	1,065		2,375		1,896		—
Dilutive effect of Warrants	19		19		19		—
Diluted weighted-average common shares outstanding	124,279		123,851		124,233		118,224
Basic net income (loss) per common share	$	3.91	$	0.70	$	6.98	$	(3.29)
Diluted net income (loss) per common share	$	3.87	$	0.69	$	6.87	$	(3.29)