XML 52 R39.htm IDEA: XBRL DOCUMENT v3.25.2

EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration