NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Basic and Diluted Net Income Per Share

The calculation of basic and diluted net income (loss) per share is determined using net income (loss) applicable to common stockholders as the numerator and the number of shares included in the denominator as shown below (in thousands, except per share amounts). Due to the net loss applicable to common stockholders for the three and six months ended June 30, 2020, no securities had a dilutive impact for these periods.

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Basic net income (loss) per share:
Net income (loss) applicable to common stockholders	$	12,252	$	(146)	$	15,469	$	(106,793)
Weighted average common shares outstanding	51,272		52,874		51,697		53,015
Basic net income (loss) per share	$	0.24	$	0.00	$	0.30	$	(2.01)
Diluted net income (loss) per share:
Net income (loss) applicable to common stockholders	$	12,252	$	(146)	$	15,469	$	(106,793)
Weighted average common shares outstanding	51,272		52,874		51,697		53,015
Dilutive stock options and restricted stock	717		—		775		—
Diluted weighted average common shares outstanding	51,989		52,874		52,472		53,015
Diluted net income (loss) per share	$	0.24	$	0.00	$	0.29	$	(2.01)