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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Common Share  
Schedule calculation of basic and diluted net income (loss) per common share

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(in thousands)

    

2023

    

2022

    

2023

    

2022

Net income

$

30,858

$

15,371

$

71,996

$

33,838

Less: Allocation of earnings to participating securities

 

(434)

 

(294)

 

(1,418)

 

(1,114)

Net income attributable to common stockholders

$

30,424

$

15,077

$

70,578

$

32,724

Weighted average common shares outstanding used in basic earnings per common share

154,163

153,550

154,210

153,168

Effect of dilutive securities:

Performance-based restricted stock units

235

131

181

125

ESPP shares

3

6

7

4

Weighted average common shares outstanding used in diluted earnings per common share

154,401

153,687

154,398

153,297