v3.25.2
Income (Loss) per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share
The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Net income$59,460 $18,638 $29,060 $14,887 
Plus: Net income effect of convertible securities— — — — 
Numerator for diluted income per common share$59,460 $18,638 $29,060 $14,887 
Basic weighted-average common stock shares outstanding50,373 57,239 52,052 57,936 
Plus: dilutive effects of common stock equivalents
463 806 338 466 
Diluted weighted-average common stock shares outstanding50,836 58,045 52,390 58,402 
Basic income per common share$1.18 $0.33 $0.56 $0.26 
Diluted income per common share$1.17 $0.32 $0.55 $0.25 
Diluted income per common share excludes the following equity instruments because their effect would be anti-dilutive:
Shares of unvested restricted stock326 324 521 228 
Shares of stock options666 238 927 119