Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2.2
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
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,
  2022 2021 2022 2021
(In thousands, except per share amounts)
Net Income $549,603  $171,902  $937,349  $79,800 
Basic weighted average common shares outstanding 61,703  46,290  61,624  45,063 
Dilutive impact of restricted stock units 167  305  303  244 
Dilutive impact of warrants —  501  —  1,812 
Diluted weighted average common shares outstanding 61,870  47,096  61,927  47,119 
       
Net Income Per Common Share
Basic $8.91  $3.71  $15.21  $1.77 
Diluted $8.88  $3.65  $15.14  $1.69 
       
Restricted stock units (1)
100  8  28  28 
Warrants (1)
481  481  416  481 
(1)    Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.