Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 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 June 30, Six Months Ended June 30,
  2022 2021 2022 2021
(In thousands, except per share amounts)
Net Income (Loss) $348,009  ($11,695) $387,746  ($92,102)
Basic weighted average common shares outstanding 61,679  46,267  61,583  44,439 
Dilutive impact of restricted stock units 230  —  373  — 
Diluted weighted average common shares outstanding 61,909  46,267  61,956  44,439 
       
Net Income (Loss) Per Common Share
Basic $5.64  ($0.25) $6.30  ($2.07)
Diluted $5.62  ($0.25) $6.26  ($2.07)
       
Restricted stock units (1)
26  140  12  882 
Warrants (1)
345  1,066  336  3,433 
(1)    Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.