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Net Income (Loss) Per Common Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) Per Common Share | NET INCOME (LOSS) PER COMMON SHARE Please refer to Note 1 for information regarding the Company’s treatment of its preferred stock and stock awards in the calculation of its basic and diluted net income or loss per common share and to Note 7 for information regarding the Company’s stock award activity for the periods presented. The following table presents the computations of basic and diluted net income or loss per common share for the periods indicated:
|  | Three Months Ended |  |
|  | March 31, |  |
($s in thousands) |  | 2024 |  | 2023 |  |  |  |  |  |
Weighted average number of common shares outstanding - basic |  | 59,008,316 |  | 53,823,866 |  |  |  |  |  |
Incremental common shares-unvested RSUs |  | 379,880 |  | — |  |  |  |  |  |
Incremental common shares-unvested PSUs |  | 329,136 |  | — |  |  |  |  |  |
Weighted average number of common shares outstanding - diluted |  | 59,717,332 |  | 53,823,866 |  |  |  |  |  |
Net income (loss) to common shareholders |  | $ | 38,195 |  |  | $ | (43,645) |  |  |  |  |  |  |
Net income (loss) per common share-basic |  | $ | 0.65 |  |  | $ | (0.81) |  |  |  |  |  |  |
Net income (loss) per common share-diluted |  | $ | 0.64 |  |  | $ | (0.81) |  |  |  |  |  |  |
The calculation of diluted net loss per common share for the three months ended March 31, 2023 excludes unvested RSUs and PSUs of 270,106, which would have been anti-dilutive for the period.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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