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Earnings Per Share | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | 12. Earnings Per Share The following table summarizes the computation of basic and diluted earnings (loss) per share amounts presented in the condensed consolidated statements of operations:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands, except for per share amounts) | 2022 |  | 2021 |  | 2022 |  | 2021
Income attributable to common stockholders: |  |  |  |  |  |  |
Net income (loss) | $ | (28,359) |  |  | $ | 174,282 |  |  | $ | (212,790) |  |  | $ | (17,588) |
Weighted average shares outstanding - basic | 186,790 |  |  | 185,317 |  |  | 186,493 |  |  | 184,841 |
Effect of dilutive securities: |  |  |  |  |  |  |
Warrants | — |  |  | 9,451 |  |  | — |  |  | — |
Restricted stock and restricted stock units | — |  |  | 1,462 |  |  | — |  |  | — |
Weighted average shares outstanding - diluted | 186,790 |  |  | 196,230 |  |  | 186,493 |  |  | 184,841 |
Net income (loss) per share attributable to common stockholders - basic | $ | (0.15) |  |  | $ | 0.94 |  |  | $ | (1.14) |  |  | $ | (0.10) |
Net income (loss) per share attributable to common stockholders - diluted | $ | (0.15) |  |  | $ | 0.89 |  |  | $ | (1.14) |  |  | $ | (0.10) |
For the purposes of computing diluted earnings per share, weighted average shares outstanding do not include potentially dilutive securities that are anti-dilutive under the treasury stock method or if-converted method, and performance-based equity awards are included based on the attainment of the applicable performance metrics as of the end of the reporting period. The Company has the following potentially outstanding shares of common stock, which were excluded from the computation of diluted net income (loss) per share attributable to common stockholders in periods in which including them would have been antidilutive.
|  |  | As of September 30,
(in millions) |  |  |  |  | 2022 |  | 2021
Restricted stock and restricted stock units |  |  |  |  | 5.4 |  |  | 5.2 |
Warrants |  |  |  |  | 16.3 |  |  | 16.3 |
Convertible senior notes |  |  |  |  | 38.3 |  |  | — |
Total |  |  |  |  | 60.0 |  |  | 21.5 |
On July 26, 2020, the Company issued to Ventas, Inc. ("Ventas") a warrant (the "Warrant") to purchase 16.3 million shares of the Company’s common stock, $0.01 par value per share, at a price per share of $3.00. The Warrant is exercisable at Ventas' option at any time and from time to time, in whole or in part, until December 31, 2025. The exercise price and the number of shares issuable on exercise of the Warrant are subject to certain anti-dilution adjustments, including for cash dividends, stock dividends, stock splits, reclassifications, non-cash distributions, certain repurchases of common stock, and business combination transactions. As of September 30, 2022, the maximum number of shares issuable upon conversion of convertible senior notes is 38.3 million (after giving effect to additional shares that would be issuable upon conversion in connection with the occurrence of certain corporate or other events).

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