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Earnings (Loss) per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands, except per share values) | 2024 |  | 2023 |  | 2024 |  | 2023
Net income (loss) | $ | 66,648 |  |  | $ | 65,256 |  |  | $ | 197,021 |  |  | $ | (17,827) |
Preferred stock dividends | (10) |  |  | (10) |  |  | (30) |  |  | (30) |
Net income (loss) attributable to common equity | 66,638 |  |  | 65,246 |  |  | 196,991 |  |  | (17,857) |
Dividends and undistributed earnings allocated to participating securities | (6) |  |  | (8) |  |  | (19) |  |  | (16) |
Net income (loss) attributable to common shareholders | 66,632 |  |  | 65,238 |  |  | 196,972 |  |  | (17,873) |
Basic weighted-average shares outstanding | 39,362 |  |  | 39,303 |  |  | 39,370 |  |  | 39,267 |
Stock-based compensation awards(a) | 133 |  |  | 147 |  |  | 160 |  |  | — |
Diluted weighted-average shares outstanding | 39,495 |  |  | 39,450 |  |  | 39,530 |  |  | 39,267 |
Antidilutive shares | — |  |  | — |  |  | — |  |  | 154 |
Earnings (loss) per share: |  |  |  |  |  |  |
Basic | $ | 1.69 |  |  | $ | 1.66 |  |  | $ | 5.00 |  |  | $ | (0.46) |
Diluted | $ | 1.69 |  |  | $ | 1.65 |  |  | $ | 4.98 |  |  | $ | (0.46) |
(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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