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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Earnings Per Share | The following table presents the basic and diluted earnings per share computations for the three months ended March 31, 2023 and 2022:
| Three Months Ended March 31,
(in thousands) | 2023 |  | 2022 |  |
Net income | $ | 36,866 |  |  | $ | 32,444 |  |  |
Participating basic earnings (a) | (22) |  |  | — |  |  |
Basic earnings (loss) attributable to common stockholders | 36,844 |  |  | 32,444 |  |  |
Reallocation of participating earnings | — |  |  | — |  |  |
Diluted earnings (loss) attributable to common stockholders | $ | 36,844 |  |  | $ | 32,444 |  |  |
Weighted average common shares outstanding: |  |  |  |  |
Weighted average common shares outstanding – basic | 133,002 |  |  | 132,923 |  |  |
Dilutive performance stock units | — |  |  | — |  |  |
Dilutive stock options | — |  |  | — |  |  |
Weighted average common shares outstanding – diluted | 133,002 |  |  | 132,923 |  |  |
Net income (loss) per common share: |  |  |  |  |
Basic | $ | 0.28 |  |  | $ | 0.24 |  |  |
Diluted | $ | 0.28 |  |  | $ | 0.24 |  |  |
(a) Unvested restricted stock awards represent participating securities because they participate in nonforfeitable dividends or distributions with the common equity holders of the Company. Participating earnings represent the distributed and undistributed earnings of the Company attributable to the participating securities. Unvested restricted stock awards do not participate in undistributed net losses as they are not contractually obligated to do so. |  |
Schedule of Diluted Earnings Per Share, Diluted Securities | The following table is a summary of the PSUs, stock options, and warrants, which were not included in the computation of diluted earnings per share, as inclusion of these items would be antidilutive.
| Three Months Ended March 31,
| 2023 |  | 2022 |  |
Number of antidilutive common shares: |  |  |  |  |
Antidilutive warrants | 10,349,975 |  |  | — |  |  |
Antidilutive performance stock units | 4,796 |  |  | — |  |  |
Antidilutive stock options | 47,924 |  |  | — |  |  |
Total antidilutive common shares | 10,402,695 |  |  | — |  |  |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI https://asc.fasb.org/extlink&oid=128363288&loc=d3e4984-109258 + Details
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