v3.25.2
Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share
The following table presents the computation of basic and diluted income (loss) per share:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Numerator:
Net income (loss)$42,872 $195,008 $151,175 $290,489 
Denominator:
Weighted average shares outstanding – basic158,798 142,854 158,901 142,404 
Dilutive effect of share-based awards2,084 1,559 2,084 1,559 
Dilutive effect of warrants646 1,647 787 1,651 
Weighted average shares outstanding – diluted161,528 146,060 161,772 145,614 
Per share data:
Basic
Net income (loss)$0.27 $1.37 $0.95 $2.04 
Diluted
Net income (loss)$0.27 $1.34 $0.93 $1.99 
Schedule of Antidilutive Securities Excluded from Diluted Income (Loss) Per Share The following table displays the share-based instruments that have been excluded from diluted income (loss) per share since the effect would have been anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Warrants (1)
2,773 2,774 2,773 2,774 
(1)Represents the total number of warrants outstanding which did not have a dilutive effect. In periods where the warrants are determined to be dilutive, the number of shares which will be included in the computation of diluted shares is determined using the Treasury Stock Method, adjusted for mandatory exercise provisions under the warrant agreements, if applicable.