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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computations for Basic and Diluted Earnings (Loss) Per Share

The computations for basic and diluted earnings (loss) per share are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(9,910

)

 

$

13,806

 

 

$

(2,886

)

 

$

24,725

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic

 

 

66,111

 

 

 

65,691

 

 

 

66,010

 

 

 

65,535

 

Effect of stock options and restricted stock units

 

 

-

 

 

 

620

 

 

 

-

 

 

 

711

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — diluted

 

 

66,111

 

 

 

66,311

 

 

 

66,010

 

 

 

66,246

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share — basic

 

$

(0.15

)

 

$

0.21

 

 

$

(0.04

)

 

$

0.38

 

Earnings (loss) per share — diluted

 

$

(0.15

)

 

$

0.21

 

 

$

(0.04

)

 

$

0.37