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Net Income per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Net Income per Share Net Income per Share
The following is a reconciliation between basic and diluted weighted average common shares outstanding:
(In thousands)Three Months Ended March 31,
20242023
Basic weighted average common shares outstanding44,068 43,628 
Effect of dilution:
Restricted stock units532 209 
Diluted weighted average common shares outstanding44,600 43,837 
As of March 31, 2024 and March 31, 2023, 0.2 million and 0.8 million, respectively, of restricted stock units have been excluded from diluted weighted average common shares outstanding, as their impact would have been anti-dilutive.
Stock Repurchase Program
The Company's Board of Directors previously authorized a program to repurchase up to $1.5 billion of its outstanding shares of common stock (the "Stock Repurchase Program"). The Stock Repurchase Program has no pre-established closing date and may be suspended or discontinued at any time. For the three months ended March 31, 2024 and 2023, the Company did not repurchase any shares of its Class A Common Stock. As of March 31, 2024, the Company had $135.3 million of authorization remaining for repurchase under the Stock Repurchase Program.