Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net Income per Share

The following table sets forth the computation of basic and diluted net income per share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator
Net income	$	23,531	$	14,117	$	45,016	$	21,503
Denominator
Net income per common share - basic	$	0.40	$	0.25	$	0.76	$	0.38
Net income per common share - diluted	$	0.39	$	0.24	$	0.74	$	0.37
Weighted average number of shares of common stock - basic		59,063,358		56,940,840		58,986,370		56,916,282
Weighted average number of shares of common stock - diluted		60,922,672		58,592,876		60,759,026		58,635,195

Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share

Securities outstanding that are included in the computation above, utilizing the treasury stock method are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Stock options, SARs, and RSUs to purchase common stock		1,859,314		1,461,958		1,772,656		1,511,899
Warrants		—		190,078		—		207,013
Total		1,859,314		1,652,036		1,772,656		1,718,912

Potential common shares issuable that were excluded from the computation of diluted weighted-average shares outstanding, as well as the warrant fair value adjustments excluded from the numerator, are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Stock options, SARs, and RSUs to purchase common stock		5,058,223		4,731,119		5,144,881		4,681,177
Warrants		—		220,161		—		203,226
Total		5,058,223		4,951,280		5,144,881		4,884,403