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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) per Share of Common Stock

The following table sets forth the computation of basic and diluted net income (loss) per share of common stock attributable to common stockholders:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands, except per-share data)

 

Net income (loss)

 

$

(59,546

)

 

$

17,721

 

 

$

38,746

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding — Basic

 

 

16,450

 

 

 

15,915

 

 

 

14,801

 

Plus incremental shares from assumed conversions:

 

 

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

 

 

 

 

438

 

 

 

235

 

Dilutive effect of stock options

 

 

 

 

 

1,348

 

 

 

917

 

Dilutive effect of warrants

 

 

 

 

 

550

 

 

 

412

 

Weighted average common shares outstanding — Diluted

 

 

16,450

 

 

 

18,251

 

 

 

16,365

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

(3.62

)

 

$

1.11

 

 

$

2.62

 

Diluted

 

$

(3.62

)

 

$

0.97

 

 

$

2.37