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Net Income Per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Summary of Earnings Per Share | The following table sets forth the computation of basic and diluted net income per share attributable to common stockholders for the years ended December 31, 2023, 2022 and 2021:
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
|  | (in thousands, except share and per share data)
Basic net income per share: |  |  |  |  |  |
Numerator |  |  |  |  |  |
Net income |  | $ | 22,070 |  |  | $ | 66,620 |  |  | $ | 146,082 |
Net income attributable to common stockholders |  | $ | 22,070 |  |  | $ | 66,620 |  |  | $ | 146,082 |
Denominator |  |  |  |  |  |
Basic weighted average common shares outstanding |  | 120,826,644 |  |  | 126,108,329 |  |  | 126,354,597 |
Basic net income per share attributable to common stockholders |  | $ | 0.18 |  |  | $ | 0.53 |  |  | $ | 1.16 |
Diluted net income per share: |  |  |  |  |  |
Numerator |  |  |  |  |  |
Net income attributable to common stockholders |  | $ | 22,070 |  |  | $ | 66,620 |  |  | $ | 146,082 |
Denominator |  |  |  |  |  |
Basic weighted average common shares outstanding |  | 120,826,644 |  |  | 126,108,329 |  |  | 126,354,597 |
Dilutive effect of time-based restricted stock units outstanding |  | 648,236 |  |  | 153,285 |  |  | 35,838 |
Diluted weighted average common shares outstanding |  | 121,474,880 |  |  | 126,261,614 |  |  | 126,390,435 |
Diluted net income per share attributable to common stockholders |  | $ | 0.18 |  |  | $ | 0.53 |  |  | $ | 1.16 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following potentially dilutive outstanding securities for the years ended December 31, 2023, 2022 and 2021 were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive for the periods presented, or the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the periods:
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
Unvested and unexercised stock options |  | 140,049 |  |  | 172,461 |  |  | 194,348 |
Unvested time-based restricted stock units |  | 280,702 |  |  | 411,349 |  |  | 150,000 |
Unvested performance-based restricted stock units |  | 424,675 |  |  | 159,965 |  |  | 99,289 |
Total |  | 845,426 |  |  | 743,775 |  |  | 443,637 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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