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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of computations of basic and diluted EPS

The computations of the numerator (earnings or loss) and denominator (shares) to derive the basic and diluted EPS amounts presented on the face of the accompanying condensed consolidated statements of operations are as follows (in thousands):

​

​	​	​	​	​	​	​	​	​	​	​
​	​	Three Months Ended				​	Three Months Ended
​	​	June 30, 2024				​	June 30, 2023
​		Income			Shares		Income			Shares
Basic:		​					​
Net income	​	$	32,289	​	​		$	7,100
Less: Undistributed earnings allocated to participating securities	​		(33)	​	​		​	(12)
Net income available to common shareholders, basic	​	$	32,256	​	152,234	​	$	7,088		150,791
​	​	​	​	​	​	​	​	​	​	​
Diluted:	​			​		​
Net income available to common shareholders, basic	​	$	32,256	​	152,234	​	$	7,088		150,791
Effect of dilutive securities:	​			​		​
Share-based awards other than participating securities	​		—	​	2,790	​		—		2,613
Undistributed earnings reallocated to participating securities	​		1	​	—	​		—		—
Net income available to common shareholders, diluted	​	$	32,257	​	155,024	​	$	7,088	​	153,404
​	​	​	​	​	​	​	​	​	​	​
Earnings per share, basic and diluted	​	$	0.21	​	​	​	$	0.05		​

​

​	​	​	​	​	​	​	​	​	​	​
​	​	Six Months Ended				​	Six Months Ended
​	​	June 30, 2024				​	June 30, 2023
​		Income			Shares		Income			Shares
Basic:		​					​
Net income	​	$	6,002	​	​		$	1,935
Less: Undistributed earnings allocated to participating securities	​		(6)	​	​		​	(3)
Net income available to common shareholders, basic	​	$	5,996	​	152,301	​	$	1,932		151,275
​	​	​	​	​	​	​	​	​	​	​
Diluted:	​			​		​
Net income available to common shareholders, basic	​	$	5,996	​	152,301	​	$	1,932		151,275
Effect of dilutive securities:	​			​		​
Share-based awards other than participating securities	​		—	​	2,771	​		—		2,598
Net income available to common shareholders, diluted	​	$	5,996	​	155,072	​	$	1,932		153,873
​	​	​	​	​	​	​	​	​	​	​
Earnings per share, basic and diluted	​	$	0.04	​	​	​	$	0.01	​	​

Schedule of shares excluded from diluted EPS calculation

The following potentially dilutive shares related to the 2023 Notes and the 2026 Notes were excluded from the diluted EPS calculation as they were anti-dilutive (in thousands):

​

​	​	​	​	​	​	​	​	​
​	​	Three Months Ended			​	Six Months Ended
​	​	June 30,			​	June 30,
​		2024		2023		2024		2023
2023 Notes		—		3,168		—		3,168
2026 Notes		—		28,676		2,594		28,676

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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