Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.22.2
EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of weighted average shares (denominator) used in the basic and dilutive earnings per share
The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the six months ended June 30, 2022 and 2021:

  Three Months Ended
  June 30,
2022
June 30,
2021
Net income (loss) $ (136,379) $ 6,713 
Weighted average shares outstanding, basic 60,756  59,061 
Effect of dilution —  1,162 
Adjusted weighted average shares outstanding, dilutive 60,756  60,223 
Basic earnings (loss) per share $ (2.24) $ 0.11 
Dilutive earnings (loss) per share $ (2.24) $ 0.11 
 
  Six Months Ended
  June 30,
2022
June 30,
2021
Net income (loss) $ (141,556) $ 12,860 
Weighted average shares outstanding, basic 60,742  58,588 
Effect of dilution —  1,206 
Adjusted weighted average shares outstanding, dilutive 60,742  59,794 
Basic earnings (loss) per share $ (2.33) $ 0.22 
Dilutive earnings (loss) per share $ (2.33) $ 0.22 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following potentially outstanding restricted stock and stock options were excluded from the computation of diluted earnings per share because the effect would have been antidilutive:

  Three Months Ended
  June 30,
2022
June 30,
2021
Restricted stock 511
Stock options 202
Total 713

  Six Months Ended
  June 30,
2022
June 30,
2021
Restricted stock 511
Stock options 320
Total 831