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Net Income (Loss) Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
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, 2025 and 2024 (in thousands, except per share amounts):
Three Months Ended
March 31,
20252024
Numerators:
Net income (loss)$3,158 $(13,374)
Less: Income attributable to unvested restricted stock awards(114)— 
Numerator for basic net income (loss) per share3,044 (13,374)
Effect of dilutive securities:
Unvested restricted stock awards— — 
Numerator for diluted net income (loss) per share$3,044 $(13,374)
Denominators:
Weighted average number of common shares outstanding62,049 63,883 
Less: Weighted average number of unvested restricted stock awards outstanding(1,882)(1,380)
Denominator for basic net income (loss) per share60,167 62,503 
Effect of dilutive securities:
Performance share units— — 
Denominator for diluted net income (loss) per share60,167 62,503 
Net income (loss) per share:
Basic$0.05 $(0.21)
Diluted0.05 (0.21)
Shares issuable upon conversion of the Company’s convertible senior notes were excluded from each period due to, among other factors, the Company’s share price.