| Schedule of Basic and Diluted Earnings per Share |
The following table summarizes the computation of basic and diluted EPS for the three and nine months ended September 30, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | (in thousands, except share and per share data) | 2022 | | 2021 | | 2022 | | 2021 | | Numerator: | | | | | | | | | Net income (loss) available to common shareholders | $ | 5,365 | | | $ | 11,636 | | | $ | 24,680 | | | $ | (77,800) | | | Denominator: | | | | | | | | | Weighted-average common shares outstanding – basic | 98,299,612 | | | 97,290,174 | | | 97,854,944 | | | 93,994,896 | | | Effect of dilutive securities | 3,620,801 | | | 12,135,837 | | | 5,218,264 | | | — | | | Weighted-average common shares outstanding – diluted | 101,920,413 | | | 109,426,011 | | | 103,073,208 | | | 93,994,896 | | | Net income (loss) per common share: | | | | | | | | | Basic | $ | 0.05 | | | $ | 0.12 | | | $ | 0.25 | | | $ | (0.83) | | | Diluted | $ | 0.05 | | | $ | 0.11 | | | $ | 0.24 | | | $ | (0.83) | |
|