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Earnings per Share (Notes)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings (Loss) per Share
Net income (loss) is divided by the weighted average number of common shares outstanding during the year to calculate basic earnings (loss) per share. The following table summarizes the dilutive effect of RSUs and stock options on common stock:
Year ended December 31,
202520242023
Weighted average common shares—basic40,384,270 40,725,714 41,439,027 
Dilutive effect of restricted stock units405,867 — 246,321 
Weighted average common shares—diluted40,790,137 40,725,714 41,685,348 
Anti-dilutive shares excluded from the computation of diluted earnings per share for the year ended December 31, 2025 were 470,239 shares. For the year ended December 31, 2024, 330,279 shares were excluded from the computation of diluted earnings (loss) per share as the inclusion would have been anti-dilutive. For the year ended December 31, 2023, no shares were excluded from the computation of diluted earnings (loss) per share.
In November 2025, the Company announced its Board of Directors had authorized the Company to increase the purchase of its common stock up to $150 million in the aggregate, adding to the $65.4 million remaining under the previous authorization. The previous authorization, approved in March 2020, authorized up to $250 million of purchases in the aggregate of its common stock. During 2025, 2024 and 2023, the Company purchased 3,124,866, 771,067 and 680,594 shares of its outstanding common stock for $103.3 million, $19.3 million and $18.8 million, respectively. As of December 31, 2025, the Company has $48.9 million remaining under the repurchase authorization.
Holders of common stock are entitled to dividends at the discretion of the Company's Board of Directors. In 2021, the Company's Board of Directors declared the first dividend since the Company's initial public offering in 2007. Since the fourth quarter of 2021, the Company has declared dividends of $0.04 per share of common stock in each quarter, and total dividends declared and paid on common shares during 2025, 2024 and 2023 were $6.6 million, $6.6 million and $6.7 million, respectively.