Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v3.23.3
EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is computed by dividing net income (loss) 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 Nine months ended
September 30,
2023
September 30,
2022
September 30,
2023
September 30,
2022
Weighted average shares outstanding - basic 373,081  339,025  359,156  337,111 
Potential dilutive common shares —  42,046  —  42,757 
Weighted average shares outstanding - diluted 373,081  381,071  359,156  379,868