XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.22.4

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic earnings per share (“EPS”) is computed based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from exercises of stock options, vesting of performance share units, vesting of restricted stock, vesting of restricted stock units, and conversion of preferred stock. The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted EPS computations for the periods presented (in thousands, except per share data):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Numerator for EPS: |  |  |  |  |  |  |
Net income (loss) | $ | 7,370 |  |  | $ | 21,941 |  |  | $ | 24,907 |  |  | $ | 48,349 |
Less: Preferred stock dividends | (2) |  |  | (2) |  |  | (5) |  |  | (5) |
Income (loss) available to common stockholders | $ | 7,368 |  |  | $ | 21,939 |  |  | $ | 24,902 |  |  | $ | 48,344 |
Denominator for EPS: |  |  |  |  |  |  |
Weighted average common shares outstanding | 30,829 |  |  | 31,240 |  |  | 30,987 |  |  | 31,224 |
Plus: Assumed conversion of share-based compensation (1) | 29 |  |  | 45 |  |  | 48 |  |  | 43 |
Assumed conversion of preferred stock | 25 |  |  | 25 |  |  | 25 |  |  | 25 |
Weighted average diluted common shares outstanding | 30,883 |  |  | 31,310 |  |  | 31,060 |  |  | 31,292 |
Basic earnings (loss) per common share | $ | 0.24 |  |  | $ | 0.70 |  |  | $ | 0.80 |  |  | $ | 1.55 |
Diluted earnings (loss) per common share | $ | 0.24 |  |  | $ | 0.70 |  |  | $ | 0.80 |  |  | $ | 1.54 |
(1) |  | Represents the dilutive effect of unexercised stock options, unvested performance share units, unvested restricted stock units and unvested restricted stock.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration