Net Income (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Basic and Diluted Net Income per Share

Basic and diluted net income (loss) per share was calculated as follows (in thousands, except per share data):

	For the three months ended June 30,				For the six months ended June 30,
	2020		2019		2020		2019
Numerator:
Net income (loss)	$	(9,161)	$	125,481	$	12,384	$	235,928
Denominator:
Weighted-average shares used to compute net income (loss) per share—basic	51,187		51,553		51,147		51,532
Dilutive restrictive stock awards	101		128		108		109
Weighted-average shares used to compute net income (loss) per share—diluted	51,288		51,681		51,255		51,641
Net income (loss) per share—basic	$	(0.18)	$	2.43	$	0.24	$	4.58
Net income (loss) per share—diluted	$	(0.18)	$	2.43	$	0.24	$	4.57