Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands except per share amounts)
Basic EPS calculation
Net income (loss)	$	43,354	$	(12,881)	$	(13,456)	$	(34,203)
Weighted-average shares of common stock outstanding	79,596		80,471		79,945		80,294
Basic income (loss) per share	$	0.54	$	(0.16)	$	(0.17)	$	(0.43)
Diluted EPS calculation
Net income (loss)	$	43,354	$	(12,881)	$	(13,456)	$	(34,203)
Weighted-average shares of common stock outstanding	79,596		80,471		79,945		80,294
Dilutive effect of potentially dilutive securities(1)	3,419		—		—		—
Weighted-average common shares outstanding - diluted	83,015		80,471		79,945		80,294
Diluted income (loss) per share	$	0.52	$	(0.16)	$	(0.17)	$	(0.43)

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(1)    We excluded 2.9 million of combined RSUs and PSUs from the dilutive weighted-average common shares outstanding for the three months ended June 30, 2021, because their effect was anti-dilutive. We excluded approximately 3.5 million and 2.6 million of combined RSUs and PSUs from the dilutive weighted-average common shares outstanding for the six months ended June 30, 2022 and June 30, 2021, because their effect was anti-dilutive.