XML 39 R29.htm IDEA: XBRL DOCUMENT

Income (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted (Loss) Income Per Common Share

The following table sets forth the computation of basic and diluted income (loss) per common share (in thousands, except per share data):


						Three Months Ended March 31,
Basic income (loss) per common share						2024						2023
Net income (loss)						$	7,533					$	(13,532)
Net (income) loss allocated to participating securities						(22)						60
Net income (loss) allocated to common shareholders						$	7,511					$	(13,472)

Basic weighted-average common shares outstanding						41,290						40,432
Basic income (loss) per common share						$	0.18					$	(0.33)


						Three Months Ended March 31,
Diluted income (loss) per common share						2024						2023
Net income (loss)						$	7,533					$	(13,532)
Net (income) loss allocated to participating securities						(19)						60
Net income attributable to convertible senior notes						935						—
Net income (loss) allocated to common shareholders						$	8,449					$	(13,472)

Basic weighted-average common shares outstanding						41,290						40,432
Effect of dilutive stock options and awards						889						—
Effect of convertible senior notes						5,707						—
Diluted weighted-average common shares outstanding						47,886						40,432
Diluted income (loss) per common share						$	0.18					$	(0.33)