Net (Loss) Income Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net (Loss) Income Per Share

The computation of the Company's basic and diluted net income (loss) per share is as follows:

	Year Ended December 31,
	2022		2021		2020
	(in thousands, except per share data)
Numerator for basic and diluted income (loss) per common share
Net income (loss)	$	81,111	$	97,864	$	(103,994)
Less: Net income allocated to unvested participating restricted stock	(2,174)		(2,295)		(420)
Net income (loss) available to common stockholders - basic	78,937		95,569		(104,414)
Effect of unvested participating restricted stock	1		13		—
Numerator - income (loss) available to common shareholders - diluted	$	78,938	$	95,582	$	(104,414)
Denominator
Weighted average outstanding shares of common stock - basic	15,873		16,799		16,230
Effect of dilutive securities:
Stock options	28		91		—
Weighted average outstanding shares of common stock - diluted	15,901		16,890		16,230
Net income (loss) per common share
Basic	$	4.97	$	5.69	$	(6.43)
Diluted	$	4.96	$	5.66	$	(6.43)