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Earnings (Loss) per Share (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share |
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands, except per share values) | 2024 |  | 2023 |  | 2024 |  | 2023
Net income (loss) | $ | 72,234 |  |  | $ | 67,090 |  |  | $ | 130,373 |  |  | $ | (83,083) |
Preferred stock dividends | (10) |  |  | (10) |  |  | (20) |  |  | (20) |
Net income (loss) attributable to common equity | 72,224 |  |  | 67,080 |  |  | 130,353 |  |  | (83,103) |
Dividends and undistributed earnings allocated to participating securities | (6) |  |  | (8) |  |  | (13) |  |  | (8) |
Net income (loss) attributable to common shareholders | 72,218 |  |  | 67,072 |  |  | 130,340 |  |  | (83,111) |
Basic weighted-average shares outstanding | 39,389 |  |  | 39,274 |  |  | 39,375 |  |  | 39,249 |
Stock-based compensation awards (a) | 152 |  |  | 135 |  |  | 174 |  |  | — |
Diluted weighted-average shares outstanding | 39,541 |  |  | 39,409 |  |  | 39,549 |  |  | 39,249 |
Antidilutive shares | — |  |  | — |  |  | — |  |  | 158 |
Earnings (loss) per share: |  |  |  |  |  |  |
Basic | $ | 1.83 |  |  | $ | 1.71 |  |  | $ | 3.31 |  |  | $ | (2.12) |
Diluted | $ | 1.83 |  |  | $ | 1.70 |  |  | $ | 3.30 |  |  | $ | (2.12) |
(a) During periods in which the Company incurs a net loss, stock-based compensation awards are excluded from the computation of diluted earnings per share because their effect would be anti-dilutive. As such, during periods in which the Company incurs a net loss, diluted weighted-average shares outstanding are equivalent to basic weighted-average shares outstanding.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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