Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the calculation of basic and diluted earnings per share for the three months ended March 31, 2023 and 2022: | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | (in thousands, except share and per share amounts) | 2023 | | 2022 | | | | | Basic net income per share: | | | | | | | | Net income | $ | 9,314 | | | $ | 33,511 | | | | | | Weighted-average common shares outstanding during the period | 34,606,864 | | | 34,159,979 | | | | | | Basic net income per share | $ | 0.27 | | | $ | 0.98 | | | | | |
| | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | (in thousands, except share and per share amounts) | 2023 | | 2022 | | | | | Diluted net income per share: | | | | | | | | Net income | $ | 9,314 | | | $ | 33,511 | | | | | | Basic shares outstanding during the period | 34,606,864 | | | 34,159,979 | | | | | | Plus: Common stock equivalents associated with stock-based compensation | 2,374,788 | | | 3,797,706 | | | | | | Diluted shares outstanding | 36,981,652 | | | 37,957,685 | | | | | | Diluted net income per share | $ | 0.25 | | | $ | 0.88 | | | | | | | | | | | | | | | | | | | | | |
|