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Earnings per Common Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The calculation of basic and diluted earnings per share ("EPS") was as follows:
 Three Months Ended March 31,
 20242023
(In thousands, except per share data)
Basic earnings per Class A common share
Numerator:
Net income
$4,750 $36,012 
Denominator:
Weighted-average Class A shares issued and outstanding52,942 51,813 
Basic earnings per Class A common share$0.09 $0.70 
Diluted earnings per Class A common share
Numerator:
Net income allocated to Class A common stockholders$4,750 $36,012 
Denominator:
Weighted-average Class A shares issued and outstanding52,942 51,813 
Dilutive potential common shares:
Service-based restricted stock units259 109 
Performance-based restricted stock units4 68 
Employee stock purchase plan65 31 
Diluted weighted-average Class A shares issued and outstanding53,270 52,021 
Diluted earnings per Class A common share$0.09 $0.69 
For the periods presented, we excluded certain restricted stock units and stock options outstanding, which could potentially dilute basic EPS in the future, from the computation of diluted EPS as their effect was anti-dilutive. Additionally, we have excluded any performance-based restricted stock units where the performance contingency has not been met as of the end of the period, or whereby the result of including such awards was anti-dilutive.
The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation:
 Three Months Ended March 31,
 20242023
(In thousands)
Class A common stock
Options to purchase Class A common stock1,009 1,163 
Service-based restricted stock units1,278 1,248 
Performance-based restricted stock units141 359 
Total 2,428 2,770