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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The table below sets forth the reconciliation between net income and the weighted average shares outstanding used for calculating basic and diluted EPS:

 

Three Months Ended

 

March 31,

 

2024

 

2023

 

Earnings (numerator)

 

 

Net income attributable to common stockholders

$

14,038

 

$

71,150

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

46,032

 

 

45,600

 

Dilutive effect of stock options and stock awards outstanding

 

253

 

 

561

 

Adjusted weighted average common shares outstanding (diluted)

 

46,285

 

 

46,161

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

Basic

$

0.30

 

 

$

1.56

 

Diluted

$

0.30

 

 

$

1.54

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS
  calculation because the effect would be anti-dilutive

 

326

 

 

 

75