Net Income (Loss) Attributable to Common Shareholders (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per share

The following table sets forth the calculation of both basic and diluted net income (loss) per share as follows for the periods indicated:

	Three Months Ended March 31,
(in thousands, except share and per share amounts)	2022		2021
Net income (loss) available to common shareholders - basic	$	32,507	$	(3,274)
Plus: Income on Private placement warrants	(52,052)		—
Net income (loss) available to common shareholders - diluted	$	(19,545)	$	(3,274)
Weighted average common shares outstanding - basic	150,598,105		35,501,743
Effect of dilutive shares:
Private placement warrants	2,113,593		—
Weighted average common shares outstanding - diluted	152,711,698		35,501,743
Basic net income (loss) per share:	$	0.22	$	(0.09)
Diluted net income (loss) per share	$	(0.13)	$	(0.09)

Schedule of antidilutive securities excluded from earnings per share computation

The following shares have been excluded from the calculation of the weighted average diluted shares outstanding as the effect would have been anti-dilutive:

	March 31, 2022	March 31, 2021
Convertible Notes	23,614,425	—
RSUs	2,458,461	—
PSUs	1,694,613	—
Stock Options	6,582,520	1,509