Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table presents the computation of basic and diluted earnings per common share for the three and nine months ended September 30 (in thousands, except per share amounts):

	Three months ended September 30,					Nine months ended September 30,
	2023		2022			2023		2022
Numerator:
Net income (loss)	$	14,716	$	(5,798	)	$	87,045	$	77,220
Denominator:
Weighted-average number of common shares outstanding-basic		76,734		73,229			75,962		72,547
Effect of dilutive securities:
Performance and restricted stock awards		27		69			94		82
Weighted-average number of common shares outstanding-diluted		76,761		73,298			76,056		72,629
Earnings (loss) per common share:
Basic	$	0.19	$	(0.08	)	$	1.15	$	1.06
Diluted	$	0.19	$	(0.08	)	$	1.14	$	1.06