(Loss) Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted (Loss) Income Per Common Share

The following table sets forth the computation of basic and diluted (loss) income per common share (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
Basic (loss) income per common share	2022		2021		2022		2021
Net (loss) income	$	(13,713)	$	10,582	$	(21,361)	$	5,266
Net loss (income) allocated to participating securities	70		(63)		109		(34)
Net (loss) income allocated to common shareholders	$	(13,643)	$	10,519	$	(21,252)	$	5,232
Basic weighted-average common shares outstanding	40,115		39,086		39,999		38,924
Basic (loss) income per common share	$	(0.34)	$	0.27	$	(0.53)	$	0.13

	Three Months Ended September 30,				Nine Months Ended September 30,
Diluted (loss) income per common share	2022		2021		2022		2021
Net (loss) income	$	(13,713)	$	10,582	$	(21,361)	$	5,266
Net loss (income) allocated to participating securities	70		(55)		109		(34)
Net loss attributable to convertible senior notes	—		919		—		—
Net (loss) income allocated to common shareholders	$	(13,643)	$	11,446	$	(21,252)	$	5,232
Basic weighted-average common shares outstanding	40,115		39,086		39,999		38,924
Effect of dilutive stock options and awards	—		505		—		572
Effect of convertible senior notes	—		4,862		—		—
Diluted weighted-average common shares outstanding	40,115		44,453		39,999		39,496
Diluted (loss) income per common share	$	(0.34)	$	0.26	$	(0.53)	$	0.13