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EARNINGS PER COMMON SHARE (Tables) | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Computation of Earnings Per Common Share | Earnings per common share have been computed as follows:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(dollars in thousands, except per share amounts) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Net income |  | $ | 47,404 |  |  | $ | 27,357 |  |  | $ | 17,414 |  |  | $ | 53,582 |
Dividends on preferred stock |  | 155 |  |  | — |  |  | 155 |  |  | — |
Net income available to common stockholders |  | $ | 47,249 |  |  | $ | 27,357 |  |  | $ | 17,259 |  |  | $ | 53,582 |
Weighted average number of common shares outstanding, basic |  | 89,645,040 |  | 56,919,025 |  | 79,139,706 |  | 56,167,807
Dilutive effect of common stock equivalents: |  |  |  |  |  |  |  |
SSARs |  | 278,568 |  | — |  | 185,138 |  | —
RSU awards |  | 896,697 |  | 679,167 |  | 817,859 |  | 666,302
PSU awards |  | 47,360 |  | 245,599 |  | 81,970 |  | 269,494
DSU awards |  | 4,709 |  | 4,923 |  | 14,882 |  | 19,202
ESPP |  | 11,337 |  | 4,517 |  | 12,022 |  | 7,060
Weighted average number of common shares outstanding, diluted |  | 90,883,711 |  | 57,853,231 |  | 80,251,577 |  | 57,129,865
Basic earnings per common share |  | $ | 0.53 |  |  | $ | 0.48 |  |  | $ | 0.22 |  |  | $ | 0.95 |
Diluted earnings per common share |  | $ | 0.52 |  |  | $ | 0.47 |  |  | $ | 0.22 |  |  | $ | 0.94 |
Schedule of Average Shares Excluded From Computation of Diluted Earnings Per Common Share | Shares that were excluded from the computation of diluted earnings per common share because their effect would have been anti-dilutive are summarized in the table below for the periods presented:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Anti-dilutive common stock equivalents |  |  |  |  |  |  |
Options | 15,106 |  | 17,966 |  | 15,106 |  | 19,176
RSU awards | — |  | 12,864 |  | — |  | 6,432
PSU awards | 13,455 |  | 93,266 |  | 208,043 |  | 100,969
Total anti-dilutive common stock equivalents | 28,561 |  | 124,096 |  | 223,149 |  | 126,577

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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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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