Basic and diluted net income (loss) per share was calculated as follows (in thousands, except per share data):


	For the three months ended June 30,				For the six months ended June 30,
	2026		2025		2026		2025
Numerator:
Net income (loss)	$	87,429	$	5,606	$	159,770	$	(2,562	)
Denominator:
Weighted-average shares used to compute net income (loss) per share—basic		52,832		52,588		52,778		52,526
Dilutive restrictive stock awards		39		28		35		—
Weighted-average shares used to compute net income (loss) per share—diluted		52,871		52,616		52,813		52,526
Net income (loss) per share—basic	$	1.65	$	0.11	$	3.03	$	(0.05	)
Net income (loss) per share—diluted	$	1.65	$	0.11	$	3.03	$	(0.05	)