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EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:


	Years ended December 31,
	2021		2020		2019
	(In thousands, except per share amounts)

Earnings (loss) from continuing operations	$	521,598	$	(111,996)	$	(23,272)
Less: Distributed and undistributed earnings allocated to unvested stock	(2,468)		(517)		(453)
Earnings (loss) from continuing operations available to common shareholders	$	519,130	$	(112,513)	$	(23,725)










Weighted average common shares outstanding — Basic	52,338		52,362		52,348
Effect of dilutive equity awards	1,170		—		—
Weighted average common shares outstanding — Diluted	53,508		52,362		52,348

Earnings (loss) from continuing operations per common share — Basic	$	9.92	$	(2.15)	$	(0.45)
Earnings (loss) from continuing operations per common share — Diluted	$	9.70	$	(2.15)	$	(0.45)
Anti-dilutive equity awards not included in diluted EPS	682		3,504		2,458