Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.24.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Years Ended December 31,
2023
2022*
2021*
(In thousands, except per share amounts)
Net Income $401,201  $1,019,443  $133,561 
Basic weighted average common shares outstanding 64,692  61,620  48,612 
Dilutive impact of restricted stock units 160  284  296 
Dilutive impact of warrants —  —  1,403 
Diluted weighted average common shares outstanding 64,852  61,904  50,311 
Net Income Per Common Share
Basic $6.20  $16.54  $2.75 
Diluted $6.19  $16.47  $2.65 
Restricted stock units (1)
64  30  7 
Warrants (1)
481  455  481 
*Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
(1) Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.