Common Stock and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The calculation of basic and diluted earnings per common share is as follows (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2023		2022
Numerator:
Earnings from continuing operations - basic	$	20,141	$	49,796
Gain from stock warrants revaluation, net of tax	$	(108)	$	—
Convertible debt interest charge, net of tax	$	776	$	760
Earnings from continuing operations - diluted	$	20,809	$	50,556
Denominator:
Weighted-average shares outstanding for basic earnings per share	71,802		73,888
Common equivalent shares:
Effect of stock-based compensation awards and warrants	3,144		6,745
Effect of convertible debt	8,111		8,111
Weighted-average shares outstanding assuming dilution	83,057		88,744
Basic earnings per share from continuing operations	$	0.28	$	0.67
Diluted earnings per share from continuing operations	$	0.25	$	0.57