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Net Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Components of Basic and Diluted Earnings Per Share The components of basic and diluted net income (loss) per share were as follows:

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(325

)

 

$

6,741

 

 

$

540

 

 

$

23,506

 

Denominator: (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding-basic

 

 

27,919

 

 

 

29,214

 

 

 

28,236

 

 

 

29,496

 

Dilutive effect of stock options and grants

 

$

 

 

 

591

 

 

 

420

 

 

 

632

 

Weighted average shares outstanding-diluted

 

 

27,919

 

 

 

29,805

 

 

 

28,656

 

 

 

30,128