EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table sets forth the composition of the weighted-average shares (denominator) used in the basic and dilutive earnings per share computation for the years ended December 31, 2022, 2021, and 2020.

	Year Ended December 31,
	2022		2021		2020
Net income (loss)	$	(163,747)	$	12,786	$	5,328
Weighted-average shares outstanding, basic	60,813		59,223		43,945
Effect of dilutive outstanding warrants and stock options	—		1,241		2,511
Weighted-average shares outstanding, dilutive	60,813		60,464		46,456
Basic income per share	$	(2.69)	$	0.22	$	0.12
Dilutive income per share	$	(2.69)	$	0.21	$	0.11

The following potentially outstanding restricted stock and stock options were excluded from the computation of diluted earnings per share because the effect would have been antidilutive:

	Year Ended
	2022	2021	2020
Restricted stock	1,480	—	—
Stock options and warrants	204	—	—
Total	1,684	—	—