Basic earnings per common share:

Net income (loss) - basic

$

(10,204

)

$

16,915

$

(11,900

)

$

38,966

Weighted average shares outstanding - basic

37,879

33,137

37,026

33,061

Basic earnings (loss) per common share

$

(0.27

)

$

0.51

$

(0.32

)

$

1.18

The following table (in thousands, except per share amounts) sets forth the computation of diluted net income (loss) per share:

Three Months Ended June 30,

Six Months Ended June 30,

2024

2023

2024

2023

Diluted earnings per common share:

Net income (loss) - basic

$

(10,204

)

$

16,915

$

(11,900

)

$

38,966

Add: Convertible Notes interest expense, net of tax

—

296

—

592

Net income (loss) - diluted

$

(10,204

)

$

17,211

$

(11,900

)

$

39,558

Weighted average shares outstanding - basic

37,879

33,137

37,026

33,061

Add: Dilutive effects of if converted Convertible Notes

—

3,224

—

3,163

Add: Dilutive effects of Restricted Stock Units

—

347

—

472

Weighted average shares outstanding - diluted

37,879

36,708

37,026

36,696

Diluted net income (loss) per share

$

(0.27

)

$

0.47

$

(0.32

)

$

1.08