Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Common Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(In Thousands, Except Per Share Amounts)
Numerator:
Net income	$	25,095	$	103,399	$	40,996	$	162,165
Numerator for basic and diluted net income   per common share	$	25,095	$	103,399	$	40,996	$	162,165
Denominator:
Denominator for basic net income per common    share - adjusted weighted-average shares (1)		75,170		88,181		75,488		88,301
Effect of dilutive securities:
Unvested restricted stock and stock units		491		1,383		498		1,364
Dilutive potential common shares		491		1,383		498		1,364
Denominator for diluted net income per    common share - adjusted weighted-average    shares		75,661		89,564		75,986		89,665
Basic net income per common share	$	0.33	$	1.17	$	0.54	$	1.84
Diluted net income per common share	$	0.33	$	1.15	$	0.54	$	1.81

(1)Excludes the weighted-average shares of unvested restricted stock that are contingently issuable.

Antidilutive Securities Excluded from Computation of Diluted Net Income Per Common Share

The following weighted-average shares of securities were not included in the computation of diluted net income per common share as their effect would have been antidilutive:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Restricted stock and stock units		636,072		82,072		515,687		41,037
Stock options		13,000		13,000		13,000		13,000
		649,072		95,072		528,687		54,037