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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Net Income (Loss) Per Share [Abstract]  
Net (Loss) Income Per Share of Common Stock

Six Months Ended June 30,

Three Months Ended June 30,

2019

2018

2019

2018

(In thousands)

(In thousands)

Basic

Diluted

Basic

Diluted

Basic

Diluted

Basic

Diluted

Net income (loss) per common share

$                       0.45

$                       0.45

$                     (0.55)

$                     (0.55)

$                       0.31

$                       0.31

$                     (0.25)

$                     (0.25)

Numerator:

Net income (loss)

$                   28,081

$                   28,081

$                 (24,171)

$                 (24,171)

$                   16,217

$                   16,217

$                 (11,252)

$                 (11,252)

Amortization of redeemable convertible preferred stock

(5,841)

(5,841)

Dividends on preferred stock

(1,000)

(1,000)

(1,000)

(1,000)

Net income (loss) corresponding to common stock

$                   21,240

$                   21,240

$                 (24,171)

$                 (24,171)

$                   15,217

$                   15,217

$                 (11,252)

$                 (11,252)

Denominator:

Weighted average of common stock outstanding for Basic earnings per share

47,658,610

44,157,364

49,318,522

44,157,364

Adjusted weighted average of common stock outstanding for Diluted earnings per share

47,658,610

44,157,364

49,318,522

44,157,364