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Income (Loss) per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Income (Loss) per Share Income (Loss) per Share
The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net income$7,486 $171,415 $22,373 $439,318 
Plus: Net income effect of convertible securities— — — — 
Numerator for diluted income per common share$7,486 $171,415 $22,373 $439,318 
Basic weighted-average common stock shares outstanding55,729 60,223 57,283 60,241 
Plus: dilutive effects of common stock equivalents
495 1,181 787 903 
Diluted weighted-average common stock shares outstanding56,224 61,404 58,070 61,144 
Basic income per common share$0.13 $2.85 $0.39 $7.29 
Diluted income per common share$0.13 $2.79 $0.39 $7.18 
Diluted income per common share excludes the following equity instruments because their effect would be anti-dilutive:
Shares of unvested restricted stock327 261 170 
Shares of stock options366 — 202 36