Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) per Common Share - Reconciliation (Details)

v3.22.2
Earnings (Loss) per Common Share - Reconciliation (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Basic earnings per common share:        
Net income (loss) - basic $ 35,738 $ (46,058) $ 24,982 $ (73,494)
Weighted shares outstanding - basic (in shares) 75,408,116 58,560,928 75,268,854 45,924,405
Basic earnings (loss) per share (in dollars per share) $ 0.47 $ (0.79) $ 0.33 $ (1.60)
Diluted earnings per common share:        
Net income (loss) - basic $ 35,738 $ (46,058) $ 24,982 $ (73,494)
Add: Convertible Note interest expense, net of tax 3,938   7,701  
Reverse: Change in fair value of derivative liability (10,087) 4,267 (12,642) 4,267
Net income (loss) - diluted $ 29,589 $ (46,058) $ 20,041 $ (73,494)
Weighted shares outstanding - basic (in shares) 75,408,116 58,560,928 75,268,854 45,924,405
Add: Dilutive effects of stock options and restricted stock units (in shares) 2,161,848   2,372,201  
Add: Dilutive effects of if-converted Convertible Note (in shares) 7,640,246   7,640,246  
Weighted-average shares outstanding -diluted (in shares) 85,210,210 58,560,928 85,281,301 45,924,405
Diluted earnings (loss) per common share (in dollars per share) $ 0.35 $ (0.79) $ 0.23 $ (1.60)