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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
 2023202220232022
Numerator for EPS:
Net income (loss)$(5,915)$(72,275)$46,824 $(47,368)
Less: Preferred stock dividends(3)(3)(8)(8)
Income (loss) available to common stockholders$(5,918)$(72,278)$46,816 $(47,376)
Denominator for EPS:  
Weighted average common shares outstanding29,617 30,604 30,087 30,858 
Plus: Assumed conversion of share-based compensation (1)— — 266 — 
     Assumed conversion of preferred stock— — 25 — 
Weighted average diluted common shares outstanding29,617 30,604 30,378 30,858 
Basic earnings (loss) per common share$(0.20)$(2.36)$1.56 $(1.54)
Diluted earnings (loss) per common share$(0.20)$(2.36)$1.54 $(1.54)
(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.