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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Computation of Earnings Per Share The computation of Earnings per share is as follows (in thousands, except per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Net income

 

$

784

 

 

$

11,479

 

Basic weighted-average common shares outstanding

 

 

66,318

 

 

 

66,530

 

Effect of dilutive stock-based compensation awards (1)

 

 

973

 

 

 

1,217

 

Diluted weighted-average common shares outstanding

 

 

67,291

 

 

 

67,747

 

Earnings per share, basic

 

$

0.01

 

 

$

0.17

 

Earnings per share, diluted

 

 

0.01

 

 

 

0.17

 

 

(1)
There were 1,416 and 554 potential common shares excluded from diluted weighted-average common shares outstanding for the three months ended March 31, 2024 and 2023, respectively, as their inclusion would have had an anti-dilutive effect.