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Income (Loss) Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Income (Loss) Per Share

Note 11 — Income (Loss) Per Share

Basic earnings per common share is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding during the period. Except when the effect would be antidilutive, diluted earnings per common share includes the impact of RSUs and PSUs.

The following table presents the computation of the Company’s basic and diluted income (loss) per share were as follows (in thousands, except for the per share amounts):

 

Three Months Ended March 31,

 

 

2024

 

2023

 

Net income (loss)

$

(112,439

)

$

89,860

 

 

 

 

 

 

Weighted average common shares outstanding — basic

 

158,490

 

 

105,634

 

Dilutive effect of securities

 

—

 

 

1,316

 

Weighted average common shares outstanding — diluted

 

158,490

 

 

106,950

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

Basic

$

(0.71

)

$

0.85

 

Diluted

$

(0.71

)

$

0.84

 

Anti-dilutive potentially issuable securities excluded from diluted common shares

 

2,789

 

 

983