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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator of Basic and Diluted Earnings (Loss) Per Share Computations
The following table reconciles the numerator (i.e., income) and denominator (i.e., shares) of the basic and diluted earnings (loss) per share computations for the periods presented (in thousands, except per share data):
Three Months Ended
June 30,
Six Months Ended
June 30,
 2023202220232022
Numerator for EPS:
Net income (loss)$28,566 $7,370 $52,739 $24,907 
Less: Preferred stock dividends(2)(2)(5)(5)
Income (loss) available to common stockholders$28,564 $7,368 $52,734 $24,902 
Denominator for EPS:  
Weighted average common shares outstanding30,265 30,829 30,323 30,987 
Plus: Assumed conversion of share-based compensation (1)369 29 285 48 
     Assumed conversion of preferred stock25 25 25 25 
Weighted average diluted common shares outstanding30,659 30,883 30,633 31,060 
Basic earnings (loss) per common share$0.94 $0.24 $1.74 $0.80 
Diluted earnings (loss) per common share$0.93 $0.24 $1.72 $0.80 
(1)
Represents the dilutive effect of common shares issuable upon the exercise of stock options, non-vested performance share units, non-vested restricted stock units and non-vested restricted stock.