Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2020

The following is a reconciliation of the calculation of basic and diluted EPS (in thousands, except share and per-share data):


	Years Ended December 31,
	2020		2019		2018
Numerator:
Net (loss) income attributable to common stockholders	$	(397,675)	$	183,487	$	87,784
Dividends declared on unvested share-based compensation	—		(132)		—
Net (loss) income available to common stockholders	$	(397,675)	$	183,355	$	87,784
Denominator:
Weighted-average number of common shares outstanding—basic	201,670,721		202,009,750		205,462,911
Effect of dilutive securities:
Unvested restricted common stock	—		156,146		215,655
Shares related to unvested PSUs	—		575,734		452,584

Weighted-average number of common shares outstanding—diluted	201,670,721		202,741,630		206,131,150
(Loss) earnings per share:
Net (loss) income per share available to common stockholders—basic	$	(1.97)	$	0.91	$	0.43
Net (loss) income per share available to common stockholders—diluted	$	(1.97)	$	0.90	$	0.43