Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table presents the calculation of net earnings per common share (“EPS”) — basic and diluted (in thousands, except per share data): 

	Three months ended March 31,
	2022		2021
Net (loss) income	$	(38,068)	$	23,731
Weighted-average number of common shares outstanding (basic)	23,646		21,149
Dilutive securities(1)	—		546
Weighted-average common and common equivalent shares outstanding (diluted)	23,646		21,695
EPS — basic	$	(1.61)	$	1.12
EPS — diluted	$	(1.61)	$	1.09

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(1)    No dilutive effect for the three months ended March 31, 2022; therefore, zero incremental shares included for the period.