Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.21.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended September 30, Nine Months Ended September 30,
  2021 2020 2021 2020
(In thousands, except per share amounts)
Net Income (Loss) $171,902  ($680,384) $79,800  ($2,028,550)
Basic weighted average common shares outstanding 46,290  39,746  45,063  39,707 
Dilutive impact of restricted stock 305  —  244  — 
Dilutive impact of warrants (1)
501  —  1,812  — 
Diluted weighted average common shares outstanding 47,096  39,746  47,119  39,707 
       
Net Income (Loss) Per Common Share
Basic $3.71  ($17.12) $1.77  ($51.09)
Diluted $3.65  ($17.12) $1.69  ($51.09)
       
Restricted stock (2)
703  28  506 
Warrants (2)
481  560  481  508 
(1)    See “Note 15 - Subsequent Events” for discussion of warrants exercised.
(2)    Shares excluded from the diluted earnings per share calculation as their effect would be anti-dilutive.