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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reflects the allocation of net income to common shareholders and EPS computations for the periods indicated based on a weighted average number of common shares outstanding for the period:

Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands, except per share data)
2020
 
2019

2020

2019
Net income (loss) attributable to Class A Common Stock
$
(51,529
)

$
(3,585
)

$
(594,182
)

$
6,180

 
 
 
 
 
 
 
 
Basic weighted average shares of Class A Common Stock outstanding
278,017

 
266,205

 
277,038

 
265,025

Add: Dilutive effects of potential common stock

 

 

 
60

Diluted weighted average shares of Class A Common Stock outstanding
278,017

 
266,205

 
277,038

 
265,085

 
 
 
 
 
 
 
 
Basic net earnings (loss) per share of Class A Common Stock
$
(0.19
)
 
$
(0.01
)
 
$
(2.14
)
 
$
0.02

Diluted net earnings (loss) per share of Class A Common Stock
$
(0.19
)
 
$
(0.01
)
 
$
(2.14
)
 
$
0.02


Schedule of Shares Excluded from Diluted Earnings Per Share Calculation he following table presents shares excluded from the diluted earnings per share calculation for the periods presented as their impact was anti-dilutive:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
2020
 
2019
 
2020
 
2019
Out-of-the-money stock options
2,469

 
4,817

 
3,983

 
4,680

Restricted stock
9,572

 
3,827

 
6,607

 
2,313

Employee Stock Purchase Plan

 
8

 
93

 

Weighted average shares of Class C Common Stock

 
10,351

 
348

 
11,446

Warrants
8,000

 
8,000

 
8,000

 
8,000