Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.1
Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Calculations of Net Loss Per Share
The table below shows the calculations for the three months ended March 31, 2023 and 2022, (in thousands, except for per share data):
Three Months Ended March 31,
2023 2022
Numerator (both basic and diluted)
Net income relevant to common stockholders $ 28,733  $ 11,817 
Denominator
Denominator for basic income per share 114,881  103,683 
Dilutive effect of stock options —  186 
Dilutive effect of performance share units 170  828 
Dilutive effect of restricted stock units 280  687 
Denominator for diluted income per share 115,331  105,384 
Basic income per common share $ 0.25  $ 0.11 
Diluted income per common share $ 0.25  $ 0.11 
Schedule of Antidilutive Securities
As shown in the table below, the following stock options, restricted stock units and performance stock units outstanding as of March 31, 2023, have not been included in the calculation of diluted income per common share for three months ended March 31, 2023 and 2022 because they will be anti-dilutive to the calculation of diluted net income per common share:
(In thousands) Three Months Ended March 31,
2023 2022
Stock options 426  500 
Restricted stock units 1,084  277 
Performance stock units —  160 
Total 1,510  937