EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Summary of computation of basic and diluted earnings per share

The following table shows the computation of basic and diluted earnings per share:

	Three Months Ended March 31,
	2023		2022
Numerator:
Net Income	$	38,328	$	3,637
Denominator:
Weighted Average Common Shares Outstanding - Basic	56,630,656		57,907,655
Dilutive effect of Stock Options, RSUs and Warrants (1)	2,904,389		3,824,287
Weighted Average Common Shares Outstanding - Diluted	59,535,045		61,731,942
Basic earnings per share	$	0.68	$	0.06
Diluted earnings per share	$	0.64	$	0.06

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(1) There were 3,117,544 and 3,550,810 performance-based stock options outstanding at March 31, 2023 and 2022, respectively. As of March 31, 2023 and 2022, the Company expected approximately 64% and 75% of these options to vest, respectively. As of March 31, 2023, 43% of the eligible outstanding performance-based stock options have vested. These amounts are included in the measure above to the extent they are dilutive.