Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) Per Common Share

A summary of net income per common share is presented below:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2024		2023		2024		2023
Net income	$	131,093	$	131,957	$	324,232	$	223,281
Basic weighted-average common shares outstanding	69,464		68,436		69,193		68,188
Effect of dilutive stock options	352		320		273		366
Effect of dilutive restricted stock	1,580		1,290		1,309		1,449
Effect of convertible notes	1,669		—		556		265
Diluted weighted-average common shares outstanding	73,065		70,046		71,331		70,268
Basic income per common share	$	1.89	$	1.93	$	4.69	$	3.27
Diluted income per common share	$	1.79	$	1.88	$	4.55	$	3.18
Antidilutive securities excluded from diluted net income per common share	144		435		855		422