Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of the Company’s basic and diluted income (loss) per share were as follows (in thousands, except for the per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024			2023
Net income (loss)	$	12,381	$	13,677	$	(100,058	)	$	103,537
Weighted average common shares outstanding — basic		183,564		125,436		171,027			115,590
Dilutive effect of securities		128		231		—			773
Weighted average common shares outstanding — diluted		183,692		125,667		171,027			116,363
Net income (loss) per common share:
Basic	$	0.07	$	0.11	$	(0.59	)	$	0.90
Diluted	$	0.07	$	0.11	$	(0.59	)	$	0.89
Anti-dilutive potentially issuable securities excluded from diluted common shares		1,549		1,640		2,169			1,311