XML 42 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 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 months ended March 31, 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

 

 

March 31,

 

 

2023

 

 

2022

 

BASIC EPS:

 

 

 

 

 

Net income (loss) attributed to common stockholders

$

99,678

 

 

$

(28,777

)

Weighted average number of common shares outstanding

 

212,089

 

 

 

215,267

 

Basic net income (loss) per common share

$

0.47

 

 

$

(0.13

)

DILUTED EPS:

 

 

 

 

 

Net income (loss) attributed to common stockholders

$

99,678

 

 

$

(28,777

)

Weighted average number of common shares outstanding

 

212,089

 

 

 

215,267

 

Add dilutive effect of potential common shares

 

3,777

 

 

 

—

 

Weighted average number of diluted common shares outstanding

 

215,866

 

 

 

215,267

 

Diluted net income (loss) per common share

$

0.46

 

 

$

(0.13

)

Potentially dilutive securities excluded as anti-dilutive

 

2,905

 

 

 

10,739