Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Loss Per Shares

The table below sets forth the computation of basic and diluted net income per share for the periods presented below:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(In thousands, except per share)
Net income	$	33,068	$	38,555	$	64,919	$	31,387
Basic weighted-average common shares outstanding	19,671		19,542		19,660		19,521
Restricted shares	314		118		291		125
Diluted weighted average common shares outstanding	19,985		19,660		19,951		19,646
Basic net income per common share	$	1.68	$	1.97	$	3.30	$	1.61
Diluted net income per share	$	1.65	$	1.96	$	3.25	$	1.60

Schedule of Anti-Dilutive Shares

The following shares were excluded from the calculation of diluted net income per share due to their anti-dilutive effect for the periods presented:

	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Restricted shares	186,079	201,739	209,564	195,036