Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of the Company’s basic and diluted income (loss) per share were as follows (in thousands, except for the per share amounts):

	Year Ended December 31,
	2023		2022		2021
Net income (loss)	$	187,332	$	381,915	$	(182,952	)
Weighted average common shares outstanding — basic		119,894		82,454		81,769
Dilutive effect of securities		858		1,229		—
Weighted average common shares outstanding — diluted		120,752		83,683		81,769
Net income (loss) per common share:
Basic	$	1.56	$	4.63	$	(2.24	)
Diluted	$	1.55	$	4.56	$	(2.24	)
Anti-dilutive potentially issuable securities excluded from diluted common shares		1,353		865		1,709