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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,
 2022202120222021
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 outstanding30,829 31,240 30,987 31,224 
Plus: Assumed conversion of share-based compensation (1)29 45 48 43 
     Assumed conversion of preferred stock25 25 25 25 
Weighted average diluted common shares outstanding30,883 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.