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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary of Cash and Cash Equivalents and Restricted Cash

The Company's cash and cash equivalents and restricted cash, as presented in the Consolidated Statements of Cash Flows, was as follows (in thousands):

 

 

Years Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

Cash and cash equivalents

$

110,691

 

 

$

185,094

 

 

$

119,162

 

Restricted cash

 

753

 

 

 

749

 

 

 

749

 

Total as presented in the Consolidated Statements of Cash Flows

$

111,444

 

 

$

185,843

 

 

$

119,911

 

Reconciliation of Basic and Diluted Income (Loss) Per Share

The following table illustrates the reconciliation of the basic and diluted per share computations (in thousands, except share and per share data):

 

 

 

Year Ended

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31,

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

18,119

 

 

$

29,292

 

 

$

(3,910

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

85,391,163

 

 

 

85,301,603

 

 

 

84,231,212

 

Per share:

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to common stockholders

 

$

0.21

 

 

$

0.34

 

 

$

(0.05

)

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

18,119

 

 

$

29,292

 

 

$

(3,910

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

85,391,163

 

 

 

85,301,603

 

 

 

84,231,212

 

Dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

 

146,699

 

 

 

298,743

 

 

 

-

 

Restricted stock units

 

 

2,231,900

 

 

 

2,310,257

 

 

 

-

 

Diluted shares outstanding

 

 

87,769,762

 

 

 

87,910,603

 

 

 

84,231,212

 

Per share:

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to common stockholders

 

$

0.21

 

 

$

0.33

 

 

$

(0.05

)