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(Loss) Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
(Loss) Earnings Per Share | (Loss) Earnings Per Share The components of basic and diluted earnings (loss) per share are as follows (in thousands, except share and per share data):
| Three months ended March 31,
| 2023 |  | 2022
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator for basic and diluted net (loss) income per common share: |  |  |  |  |  |
Net (loss) income | $ | (7,627) |  |  | $ | (7,627) |  |  | $ | 24,537 |  |  | $ | 24,537 |
Net income available to participating securities (1) | — |  |  | — |  |  | (11) |  |  | (11) |
1.75% Convertible Notes interest expense (after-tax) | — |  |  | — |  |  | — |  |  | 2,186 |
Net (loss) income available to the Company’s common shareholders | $ | (7,627) |  |  | $ | (7,627) |  |  | $ | 24,526 |  |  | $ | 26,712 |
Denominator: |  |  |  |  |  |  |
Basic weighted-average outstanding shares of common stock | 46,987,249 |  |  | 46,987,249 |  |  | 47,054,411 |  |  | 47,054,411 |
Diluted effect of: |  |  |  |  |  |  |
Equity incentive plans | — |  |  | — |  |  | — |  |  | 192,835 |
Convertible debt | — |  |  | — |  |  | — |  |  | 5,158,071 |
Diluted weighted-average outstanding shares of common stock | 46,987,249 |  |  | 46,987,249 |  |  | 47,054,411 |  |  | 52,405,317 |
Net (loss) income per share | $ | (0.16) |  |  | $ | (0.16) |  |  | $ | 0.52 |  |  | $ | 0.51 |
(1)Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid). For the three months ended March 31, 2023 and March 31, 2022, there were 1,830,097 and zero shares, respectively, of stock options and restricted stock excluded from the calculation of diluted shares as they were anti-dilutive. For the three months ended March 31, 2023, there were 5,158,071shares related to convertible debt excluded from the calculation as they were anti-dilutive. For the three months ended March 31, 2022, these shares were included in diluted shares because they were dilutive under the if-converted method for the diluted net income per share calculation of convertible debt instruments.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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