Net (Loss) Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Calculation of Net (Loss) Income Per Common Share

The following summarizes the calculation of net (loss) income per common share attributable to common shareholders for the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended  September 30,				Nine Months Ended September 30,
(in thousands, except per share data)	2023		2022		2023		2022
Net (loss) income	$	(6,426)	$	12,497	$	(59,085)	$	80,381
Weighted average shares outstanding - basic	76,203		74,905		75,691		74,376
Dilutive shares	—		1,510		—		1,835
Weighted average shares outstanding - diluted	76,203		76,415		75,691		76,211
Net (loss) income per common share:
Basic	$	(0.08)	$	0.17	$	(0.78)	$	1.08
Diluted	$	(0.08)	$	0.16	$	(0.78)	$	1.05