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Earnings Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share

Earnings Per Share

3.     Earnings Per Share

Earnings per common share have been computed based on the following:

​

​	​	​	​	​	​	​	​
​	​	​		​	​		​
​	​	For the three months ended March 31,					​
​		2025			2024
​	​	(In thousands, except per share data)					​
Net income (loss), as reported	​	$	(9,796)	​	$	3,684	​
Less: Dividends paid and earnings allocated to participating securities	​	​	(132)	​	​	(104)	​
Income (loss) attributable to common stock	​	$	(9,928)	​	$	3,580	​
​	​	​	​	​	​	​	​
Divided by:	​			​			​
Weighted average common shares and participating securities outstanding	​		34,474	​		29,742	​
Less: Weighted average participating securities	​	​	(542)	​	​	(446)	​
Total weighted average common shares outstanding	​		33,932	​		29,296	​
​	​	​	​	​	​	​	​
Basic earnings (loss) per common share	​	$	(0.29)	​	$	0.12	​
Diluted earnings (loss) per common share (1)	​	$	(0.29)	​	$	0.12	​
Dividend Payout ratio	​		not meaningful	%		183.3	%

​

⁽¹⁾ There were no common stock equivalents outstanding during the periods presented.

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- References

No definition available.

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X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-3

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