Net (Loss) Income Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Computation of Denominators Used in Net (Loss) Income per Share

The denominators used in the net (loss) income per share computations are as follows:

	Year Ended December 31,
	2021	2020	2019
Basic:
Weighted average common shares outstanding	50,718,765	47,413,250	42,669,333
Diluted:
Weighted average common shares outstanding - Basic	50,718,765	47,413,250	42,669,333
Common stock equivalents*	—	501,780	—
Denominator for diluted net (loss) income per share	50,718,765	47,915,030	42,669,333

* For the year end December 31, 2020, common stock equivalents include dilutive stock options and restricted stock units. For the years ended December 31, 2021 and 2019, no amounts were considered as their effects would have been anti-dilutive due to net losses for those periods.

Computation of Basic and Diluted Net (Loss) Income per Share

Basic and diluted net (loss) income per share is computed as follows:

	Year Ended December 31,
	2021		2020		2019
Net (loss) income - basic and diluted	$	(88,441)	$	8,410	$	(106,373)
Weighted-average common shares outstanding - basic		50,718,765		47,413,250		42,669,333
Effect of dilutive securities:
Stock options		—		481,254		—
Restricted stock units		—		20,526		—
Weighted-average common shares outstanding - diluted		50,718,765		47,915,030		42,669,333
Net (loss) income per share:
Basic	$	(1.74)	$	0.18	$	(2.49)
Diluted	$	(1.74)	$	0.18	$	(2.49)