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]  
Schedule of Earnings Per Unit, Basic and Diluted
Basic and diluted EPS for the three and nine months ended September 30, 2022 and 2021 were:

Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
(in thousands, except share and per share data)
Numerator:
Net income (loss) $ 93,289  $ 7,281  $ 129,299  $ (8,337)
Denominator:
Weighted average shares outstanding - basic 79,459,633 57,168,291 79,419,725 57,168,291
Effect of dilutive options 83,082  30,913  56,849  — 
Weighted average shares outstanding - diluted 79,542,715 57,199,204 79,476,574 57,168,291
Net income (loss) per share:
Basic $ 1.17  $ 0.13  $ 1.63  $ (0.15)
Diluted $ 1.17  $ 0.13  $ 1.63  $ (0.15)