Net Income (Loss) per Share (Tables)

9 Months Ended

Sep. 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 September 30,				For the nine months ended September 30,
	2020		2019		2020		2019
Numerator:
Net income (loss)	$	(14,434)	$	45,022	$	(2,050)	$	280,949
Denominator:
Weighted-average shares used to compute net income (loss) per share—basic	51,190		51,348		51,161		51,469
Dilutive restrictive stock awards	166		134		114		130
Weighted-average shares used to compute net income (loss) per share—diluted	51,356		51,482		51,275		51,599
Net income (loss) per share—basic	$	(0.28)	$	0.88	$	(0.04)	$	5.46
Net income (loss) per share—diluted	$	(0.28)	$	0.87	$	(0.04)	$	5.44