XML 32 R23.htm IDEA: XBRL DOCUMENT
v3.23.2

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 13. Earnings Per Share We provide a dual presentation of our net income (loss) per common share in our unaudited condensed consolidated statements of operations: basic net income (loss) per common share (“Basic EPS”) and diluted net income (loss) per common share (“Diluted EPS”). Basic EPS excludes dilution and is determined by dividing the earnings attributable to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is based on the weighted average number of common shares outstanding plus the dilutive effect of potential common shares, including stock options and non-vested performance units and non-vested restricted stock units. The dilutive effect of stock options, non-vested performance units and non-vested restricted stock units is determined using the treasury stock method. The following table presents information necessary to calculate net income (loss) per share for the three and six months ended June 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 |  |  | Six Months Ended |
| June 30, |  |  | June 30, |
| 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
BASIC EPS: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributed to common stockholders | $ | 84,614 |  |  | $ | 21,886 |  |  | $ | 184,292 |  |  | $ | (6,891 | )
Weighted average number of common shares outstanding |  | 207,839 |  |  |  | 216,165 |  |  |  | 209,952 |  |  |  | 215,718 |
Basic net income (loss) per common share | $ | 0.41 |  |  | $ | 0.10 |  |  | $ | 0.88 |  |  | $ | (0.03 | )
DILUTED EPS: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributed to common stockholders | $ | 84,614 |  |  | $ | 21,886 |  |  | $ | 184,292 |  |  | $ | (6,891 | )
Weighted average number of common shares outstanding |  | 207,839 |  |  |  | 216,165 |  |  |  | 209,952 |  |  |  | 215,718 |
Add dilutive effect of potential common shares |  | 1,145 |  |  |  | 3,511 |  |  |  | 1,236 |  |  |  | — |
Weighted average number of diluted common shares outstanding |  | 208,984 |  |  |  | 219,676 |  |  |  | 211,188 |  |  |  | 215,718 |
Diluted net income (loss) per common share | $ | 0.40 |  |  | $ | 0.10 |  |  | $ | 0.87 |  |  | $ | (0.03 | )
Potentially dilutive securities excluded as anti-dilutive |  | 6,084 |  |  |  | 3,683 |  |  |  | 2,572 |  |  |  | 9,982 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration