The following table (in thousands, except per share amounts) sets forth the computation of basic earnings (loss) per share for the periods indicated: | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | Basic earnings per common share: | | | | | | | | | | | | | Net income (loss) - basic | | $ | 8,248 | | $ | (10,204) | | $ | 18,227 | | $ | (11,900) | Weighted average shares outstanding - basic | | | 42,619 | | | 37,879 | | | 42,798 | | | 37,026 | Basic earnings (loss) per common share | | $ | 0.19 | | $ | (0.27) | | $ | 0.43 | | $ | (0.32) |
The following table (in thousands, except per share amounts) sets forth the computation of diluted net income (loss) per share: | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | Diluted earnings per common share: | | | | | | | | | | | | | Net income (loss) - diluted | | $ | 8,248 | | $ | (10,204) | | $ | 18,227 | | $ | (11,900) | | | | | | | | | | | | | | Weighted average shares outstanding - basic | | | 42,619 | | | 37,879 | | | 42,798 | | | 37,026 | Add: Dilutive effects of Restricted Stock Units | | | 429 | | | — | | | 636 | | | — | Weighted average shares outstanding - diluted | | | 43,048 | | | 37,879 | | | 43,434 | | | 37,026 | | | | | | | | | | | | | | Diluted net income (loss) per share | | $ | 0.19 | | $ | (0.27) | | $ | 0.42 | | $ | (0.32) |
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