Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Numerator:

Weighted Average Number of Common Shares Outstanding

The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data):

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2022		2021		2022		2021
Numerator:
Net income (loss) available to common shareholders	$	50,284	$	(57,919)	$	25,663	$	(162,440)
Net income attributable to noncontrolling interest in consolidated joint venture		280		—		—		—
Net income (loss) available to common shareholders - if-converted method	$	50,564	$	(57,919)	$	25,663	$	(162,440)
Denominator:
Weighted average shares outstanding - basic		55,150		55,058		55,118		55,026
Effect of dilutive stock-based compensation		170		—		203		—
Effect of dilutive put rights		542		—		—		—
Weighted average shares outstanding - diluted		55,862		55,058		55,321		55,026
Basic income (loss) per share available to common stockholders	$	0.91	$	(1.05)	$	0.47	$	(2.95)
Diluted income (loss) per share available to common stockholders	$	0.91	$	(1.05)	$	0.46	$	(2.95)