Earnings (loss) per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Earnings (loss) per Share

Earnings (loss) per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

	Year Ended December 31,
	2020		2019		2018
Net income (loss)	$	59,073	$	39,745	$	(60,764)
Basic:
Weighted average number of shares	121,467		119,994		119,994
Earnings per share	$	0.49	$	0.33	$	(0.51)
Diluted:
RSU dilutive shares	47		—
Weighted average number of shares	121,514		119,994		119,994
Earnings (loss) per share	$	0.49	$	0.33	$	(0.51)

There were 26,671,594 Class B units and 1,000 Class C units of Former Parent issued to certain employees or directors of the Company which were not included in the calculation of basic or diluted EPS for the years ended December 31, 2020 and 2019, as the Class B and Class C units do not represent potential units of the Company.