Net Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Earnings Per Share, Basic and Diluted

The table below provides a reconciliation of the numerators and denominators of basic and diluted net income (loss) per share for the three months ended March 31, 2023 and 2022 (in thousands, except per share amounts):


	Three Months Ended March 31,
		2023		2022
Numerators:
Net income (loss)		$	2,158	$	(9,424)
Less: Income attributable to unvested restricted stock awards		(42)		—
Numerator for basic net income (loss) per share		2,116		(9,424)
Effect of dilutive securities:
Unvested restricted stock awards		—		—
Numerator for diluted net income (loss) per share		$	2,116	$	(9,424)

Denominators:
Weighted average number of common shares outstanding		64,068		61,627
Less: Weighted average number of unvested restricted stock awards outstanding		(1,243)		(1,129)
Denominator for basic net income (loss) per share		62,825		60,498
Effect of dilutive securities:
Unvested restricted stock awards		—		—
Unvested performance share units		247		—


Denominator for diluted net income (loss) per share		63,072		60,498

Net income (loss) per share:
Basic		$	0.03	$	(0.16)
Diluted		0.03		(0.16)