Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE (LOSS) PER SHARE
Basic earnings per share is computed by dividing net income by the weighted average number of shares outstanding during the period. For periods in which the Company reports net income, diluted net income per share is determined by using the weighted average number of common and dilutive common equivalent shares outstanding during the period, unless the effect is antidilutive.

The number of shares used to compute earnings (loss) per share were as follows (in thousands):

Three months ended Six months ended
June 30,
2023
June 30,
2022
June 30,
2023
June 30,
2022
Weighted average shares outstanding - basic 361,261  337,497  352,079  336,137 
Potential dilutive common shares —  42,129  —  43,088 
Weighted average shares outstanding - diluted 361,261  379,626  352,079  379,225