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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Components of Basic and Diluted 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 June 30,
| 2023 |  | 2022
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator for basic and diluted net income (loss) per common share: |  |  |  |  |  |
Net income (loss) | $ | 16,679 |  |  | $ | 16,679 |  |  | $ | (46,436) |  |  | $ | (46,436) |
Less: Net income available to participating securities (1) | (2) |  |  | (2) |  |  | — |  |  | — |
Plus: 1.75% Convertible Notes interest expense (after-tax) | — |  |  | — |  |  | — |  |  | — |
Net (loss) income available to the Company’s common shareholders | $ | 16,677 |  |  | $ | 16,677 |  |  | $ | (46,436) |  |  | $ | (46,436) |
Denominator: |  |  |  |  |  |  |
Basic weighted-average outstanding shares of common stock | 46,798,800 |  |  | 46,798,800 |  |  | 46,978,709 |  |  | 46,978,709 |
Diluted effect of: |  |  |  |  |  |  |
Equity incentive plans | — |  |  | — |  |  | — |  |  | — |
Convertible debt | — |  |  | — |  |  | — |  |  | — |
Diluted weighted-average outstanding shares of common stock | 46,798,800 |  |  | 46,798,800 |  |  | 46,978,709 |  |  | 46,978,709 |
Net income (loss) per share | $ | 0.36 |  |  | $ | 0.36 |  |  | $ | (0.99) |  |  | $ | (0.99) |
(1)Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).
| Six months ended June 30,
| 2023 |  | 2022
| Basic |  | Diluted |  | Basic |  | Diluted
Numerator for basic and diluted net income (loss) per common share: |  |  |  |  |  |
Net income (loss) | $ | 9,052 |  |  | $ | 9,052 |  |  | $ | (21,899) |  |  | $ | (21,899) |
Less: Net income available to participating securities (1) | (2) |  |  | (2) |  |  | — |  |  | — |
Plus: 1.75% Convertible Notes interest expense (after-tax) | — |  |  | — |  |  | — |  |  | — |
Net income (loss) available to the Company’s common shareholders | $ | 9,050 |  |  | $ | 9,050 |  |  | $ | (21,899) |  |  | $ | (21,899) |
Denominator: |  |  |  |  |  |  |
Basic weighted-average outstanding shares of common stock | 46,892,504 |  |  | 46,892,504 |  |  | 47,016,351 |  |  | 47,016,351 |
Diluted effect of: |  |  |  |  |  |  |
Equity incentive plans | — |  |  | — |  |  | — |  |  | — |
Convertible debt | — |  |  | — |  |  | — |  |  | — |
Diluted weighted-average outstanding shares of common stock | 46,892,504 |  |  | 46,892,504 |  |  | 47,016,351 |  |  | 47,016,351 |
Net income (loss) per share | $ | 0.19 |  |  | $ | 0.19 |  |  | $ | (0.47) |  |  | $ | (0.47) |
(1)Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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