Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.21.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Loss Per Common Share
The computation of basic and diluted earnings (loss) per common share for the three and nine months ended September 30, 2021, the three months ended September 30, 2020, and for the period from June 26, 2020 to September 30, 2020 is shown below (in thousands, except for share and per share data):
(Successor)
Three Months Ended
September 30, 2021		 Three Months Ended
September 30, 2020		 Nine Months Ended
September 30, 2021		 From
June 26, 2020 to September 30, 2020
EPS numerator:
Net income (loss) attributable to common shareholders $ 8,806  $ (2,835) $ 476  $ (3,340)
Less: Change in fair value of warrant liabilities (2,178) —  —  — 
Numerator - diluted $ 6,628  $ (2,835) $ 476  $ (3,340)
EPS denominator:
Weighted average shares outstanding - basic 38,492,878  38,426,669  38,453,611  38,426,669 
Effect of dilutive securities 1,372,872 — 1,493,119 —
Weighted average shares outstanding - diluted 39,865,750  38,426,669  39,946,730  38,426,669 
Net earnings (loss) per share:
Basic $ 0.23  $ (0.07) $ 0.01  $ (0.09)
Diluted $ 0.17  $ (0.07) $ 0.01  $ (0.09)