NET (LOSS) INCOME PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Net (Loss) Income per Share

The calculation of basic and diluted net (loss) income per share for the three and six months ended June 30, 2022 and 2021 is presented below (in thousands, except share and per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net (loss) income	$	(40,444)	$	(26,647)	$	(121,557)	$	65,462
Weighted average common shares outstanding – basic	160,163,249		131,059,149		147,780,749		129,930,204
Dilutive effect of potentially issuable shares	—		—		—		5,153,623
Weighted average common shares outstanding – diluted	160,163,249		131,059,149		147,780,749		135,083,827
Basic net (loss) income per share	$	(0.25)	$	(0.20)	$	(0.82)	$	0.50
Diluted net (loss) income per share	$	(0.25)	$	(0.20)	$	(0.82)	$	0.48