XML 42 R24.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share Reconciliation [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The following table presents a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations:
Year Ended December 31,
 202320222021
 Net Income
(Numerator)
Weighted Average
Shares
(Denominator)
Per-Share
Amount
Net Loss
(Numerator)
Weighted Average
Shares
(Denominator)
Per-Share
Amount
Net Income
(Numerator)
Weighted Average
Shares
(Denominator)
Per-Share
Amount
 (Amounts and numbers in thousands, except per-share data)
Basic EPS
Income (loss) available to common stockholders$96,336 55,371 $1.74 $(512,672)55,371 $(9.26)$247,937 55,368 $4.48 
Effect of dilutive securities:
Options— — — — — 
Diluted EPS
Income (loss) available to common stockholders after assumed conversions$96,336 55,371 $1.74 $(512,672)55,371 $(9.26)$247,937 55,374 $4.48 

Potentially dilutive securities representing approximately 17,500 shares of common stock were excluded from the computation of diluted earnings (loss) per common share for each of 2023 and 2022, because their effect would have been anti-dilutive. For 2022, 26 incremental shares were also excluded from the computation of diluted loss per share as the Company generated a net loss in 2022. There were no potentially dilutive securities with anti-dilutive effect for 2021.