EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Three Months Ended March 31,
	2022		2021
NUMERATOR
Basic:
Net income (loss)	$	19,003	$	(125,568	)
Diluted:
Net income (loss)	$	19,003	$	(125,568	)
DENOMINATOR
Basic:
Weighted average common shares outstanding		120,796		119,909
Diluted:
Weighted average common shares outstanding		120,796		119,909
Effect of dilutive securities:
Restricted stock-based awards	624			—
Weighted average shares and assumed conversions		121,420		119,909
BASIC EARNINGS (LOSS) PER SHARE	$	0.16	$	(1.05	)
DILUTED EARNINGS (LOSS) PER SHARE	$	0.16	$	(1.05	)