EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted EPS Attributable for Common Stockholders

The following table sets forth the computation of the Company’s basic and diluted EPS attributable to common stockholders for the fiscal periods indicated (in thousands, except share and per share amounts):

	Three Months Ended March 31,
	2022		2021
Net income (loss)	$	(8,432)	$	38,929
Weighted-average common shares outstanding—basic (1)	117,889,233		108,724,387
Effect of dilutive securities:
Restricted stock units	—		—
Weighted-average common shares outstanding—diluted (1)	117,889,233		108,724,387
Earnings (loss) per share
Basic and diluted	$	(0.07)	$	0.36

(1)For the three months ended March 31, 2021, the Company retrospectively applied shares of common stock outstanding upon the Corporate Conversion, immediately prior to the IPO. Refer to Note 1 – Description of Business and Basis of Presentation for a description of the Corporate Conversion.

Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings (loss) Per Share

The following table includes the number of units that may be dilutive common shares in the future, and were not included in the computation of diluted earnings (loss) per share because the effect was anti-dilutive for the fiscal periods indicated:

	Three Months Ended March 31,
	2022	2021
Restricted stock units	11,629,644	—