Quarterly report pursuant to Section 13 or 15(d)

(LOSS) EARNINGS PER SHARE (Tables)

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(LOSS) EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted Basic and diluted weighted average shares outstanding and (loss) earnings per share were as follows (in thousands, except share and per share data):
Three Months Ended March 31,
2024 2023
Net (loss) income $ (82,558) $ 9,431 
Weighted-average shares outstanding:
Weighted average shares used in computing (loss) earnings per share, basic 145,326,933  157,700,326 
Founders advisory fees —  11,785,305 
Weighted average shares used in computing (loss) earnings per share, diluted 145,326,933  169,485,631 
Basic (loss) earnings per share $ (0.57) $ 0.06 
Diluted (loss) earnings per share $ (0.57) $ 0.06