Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Common Share

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2023			2022		2023		2022
	(In Thousands, Except Per Share Amounts)
Numerator:
Net (loss) income	$	(7,726	)	$	2,312	$	33,270	$	164,477
Numerator for basic and diluted net (loss)   income per common share	$	(7,726	)	$	2,312	$	33,270	$	164,477
Denominator:
Denominator for basic net income (loss) per    common share - adjusted weighted-average    shares (1)		73,992			84,187		74,946		86,929
Effect of dilutive securities:
Unvested restricted stock and stock units		—			1,328		533		1,352
Dilutive potential common shares		—			1,328		533		1,352
Denominator for diluted net income (loss) per    common share - adjusted weighted-average    shares		73,992			85,515		75,479		88,281
Basic net (loss) income per common share	$	(0.10	)	$	0.03	$	0.44	$	1.89
Diluted net (loss) income per common share	$	(0.10	)	$	0.03	$	0.44	$	1.86

(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				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Restricted stock and stock units		1,422,181		146,537		429,339		76,204
Stock options		13,000		13,000		13,000		13,000
		1,435,181		159,537		442,339		89,204