EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss Per Share

The following table presents the Company’s basic earnings (loss) per share and shares outstanding (in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:
Net income (loss)	$	31,816	$	(7,668)	$	28,955	$	(27,578)
Denominator:
Weighted average number of common shares outstanding	179,843		176,711		179,826		176,686
Earnings (loss) per common share:
Earnings (loss) per common share, basic	$	0.18	$	(0.04)	$	0.16	$	(0.16)

The following table presents the Company’s diluted earnings (loss) per share and shares outstanding (in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:
Net income (loss)	$	31,816	$	(7,668)	$	28,955	$	(27,578)
Denominator:
Weighted average number of common shares outstanding	179,843		176,711		179,826		176,686
Effect of dilutive securities	1,194		—		1,149		—
Weighted average number of common shares outstanding, diluted	181,037		176,711		180,975		176,686
Earnings (loss) per common share:
Earnings (loss) per common share, diluted	$	0.18	$	(0.04)	$	0.16	$	(0.16)