XML 46 R34.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Stock Compensation and Earnings (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of restricted stock shares activity

Activity related to the Company’s restricted stock units (“RSUs”) was as follows:

(in thousands, except weighted average grant price)			Number of Shares						Weighted Average Grant Price
Outstanding awards, December 31, 2023			825						$	21.16
Granted			334						$	20.64
Vested			(247)						$	22.13
Forfeited			—						$	—
Outstanding awards, March 31, 2024			912						$	20.73

Activity related to the Company’s Relative Total Shareholder Return RSUs (“RTSRs”) was as follows:

(in thousands, except weighted average grant price)			Number of Shares						Weighted Average Grant Price
Outstanding awards, December 31, 2023			293						$	25.80
Granted			128						$	22.30
Vested			—						$	—
Forfeited			—						$	—
Outstanding awards, March 31, 2024			421						$	24.74

Schedule of stock compensation expense

Stock-based compensation expense was as follows:

						Three Months Ended March 31,
(in thousands)						2024						2023
Stock compensation expense						$	4,135					$	3,852
Capitalized stock compensation						(169)						(135)
Stock compensation expense, net						$	3,966					$	3,717

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table indicates the computation of basic and diluted earnings (loss) per share:

						Three Months Ended March 31,
(in thousands, except per share amounts)						2024						2023
Calculation of net income per share:
(Loss) income from continuing operations						$	(4,090)					$	741
Total income from discontinued operations, net of tax						218,786						1,325
Net income						$	214,696					$	2,066
Basic weighted average shares outstanding						50,520						50,291
Basic net (loss) income per share - continuing operations						$	(0.08)					$	0.01
Basic net income per share - discontinued operations						4.33						0.03
Basic net income per share						$	4.25					$	0.04
Effect of stock-based compensation awards outstanding:
Basic weighted average shares outstanding						50,520						50,291
Effect from dilutive shares and options outstanding						491						221
Diluted weighted average shares outstanding						51,011						50,512
Diluted net (loss) income per share - continuing operations						$	(0.08)					$	0.01
Diluted net income per share - discontinued operations						4.29						0.03
Diluted net income per share						$	4.21					$	0.04

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
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 cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

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

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

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