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Earnings Per Share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share We calculate basic earnings (loss) per share by dividing net income (loss) by the weighted-average number of common shares outstanding for each period presented. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement, are considered common shares outstanding and are included in the computation of net earnings (loss) per share. The RSUs and PSUs are not a participating security as the dividends are forfeitable. For the year ended December 31, 2022, 4,069,000 incremental RSU and PSU shares were included in the diluted EPS calculation. For the years ended December 2021 and 2020, no incremental RSU or PSU shares were included in the diluted EPS calculation as their effect was anti-dilutive under the “if-converted” method.
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (in thousands except per share amounts)
Basic EPS calculation |  |  |  |  |
Net income (loss) | $ | 250,168 |  |  | $ | (15,542) |  |  | $ | (262,895) |
Weighted-average shares of common stock outstanding | 78,517 |  |  | 80,209 |  |  | 79,802 |
Basic income (loss) per share | $ | 3.19 |  |  | $ | (0.19) |  |  | $ | (3.29) |
Diluted EPS calculation |  |  |  |  |
Net income (loss) | $ | 250,168 |  |  | $ | (15,542) |  |  | $ | (262,895) |
Weighted-average shares of common stock outstanding | 78,517 |  |  | 80,209 |  |  | 79,802 |
Dilutive effect of potentially dilutive securities(1) | 4,069 |  |  | — |  |  | — |
Weighted-average common shares outstanding - diluted | 82,586 |  |  | 80,209 |  |  | 79,802 |
Diluted income (loss) per share | $ | 3.03 |  |  | $ | (0.19) |  |  | $ | (3.29) |
__________ (1) We excluded 3.3 million and 0.1 million of combined RSUs and PSUs from the diluted weighted-average common shares outstanding because their effect was anti-dilutive for the years ended December 31, 2021 and 2020, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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