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(Loss) Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Calculation of Both Basic and Diluted (Loss) Earnings Per Share
The calculation of both basic and diluted (loss) earnings per share for the periods indicated below was as follows (in thousands, except per share data):

Three Months EndedSix Months Ended

June 30, 2021

June 30, 2020June 30, 2021

June 30, 2020
Basic and diluted (loss) earnings per share:
Net (loss) income
$(452,461)$4,596 $(470,279)$(3,510)
Less: Net (loss) income attributable to non-controlling interest
(3,769)1,855(2,460)3,185
Less: Income allocated to participating securities274
(Loss) income available to common stockholders
$(448,692)$2,467$(467,819)$(6,695)

Weighted average shares outstanding(1)
139,553128,286133,951128,286

Basic and diluted (loss) earnings per share
$(3.22)$0.02$(3.49)$(0.05)
(1) The weighted-average number of shares outstanding in periods presented prior to the closing of the Business Combination has been retrospectively adjusted based on the exchange ratio established through the transaction.
Antidilutive Securities Excluded From Computation of Diluted Shares Outstanding
For the periods presented, the following securities were not required to be included in the computation of diluted shares outstanding, as their impact would have been anti-dilutive. Figures presented are based on the number of underlying Class A common shares following the Business Combination (in thousands):

Three Months EndedSix Months Ended
June 30, 2021

June 30, 2020June 30, 2021

June 30, 2020
Warrants 9,8679,867
Restricted shares(1)
2,0142,014
Total11,88111,881
(1) Represents 2.0 million restricted shares upon conversion from unvested Incentive Common Units under the Wilco Acquisition, LP 2016 Equity Incentive Plan. Refer to Note 9 - Share-Based Compensation for further details.