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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted (loss) earnings per share:
  Years ended December 31,
(dollars in thousands, except per share amounts)202420232022
Numerator:
Net (loss) income$(283,172)$1,820 $(45,407)
Denominator:
Weighted average common shares50,560,538 52,546,406 51,569,148 
Add effect of dilutive securities:
Restricted stock and units— 1,174,936 — 
Weighted average common shares assuming dilution50,560,538 53,721,342 51,569,148 
(Loss) earnings per share
Basic$(5.60)$0.03 $(0.88)
Diluted$(5.60)$0.03 $(0.88)
Anti-dilutive shares excluded from calculations of diluted (loss) earnings per share54,236 45,614 1,046,307