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Earnings (Loss) Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Basic earnings (loss) 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 the impact of common shares issuable upon the exercise of stock options, non-vested performance share units, non-vested restricted stock units, non-vested restricted stock, and conversion of preferred stock. In loss periods, the impact of common shares issuable upon the exercises of stock options, non-vested performance share units, non-vested restricted stock units, non-vested restricted stock, and conversion of preferred stock are excluded from the calculation of diluted loss per share, as the inclusion of common shares issuable upon the exercise of stock options, non-vested performance share units, non-vested restricted stock units, non-vested restricted stocks, and conversion of preferred stock would have an anti-dilutive effect.
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,
 2024202320242023
Numerator for EPS:
Net income (loss)$35,416 $28,566 $69,073 $52,739 
Less: Preferred stock dividends(2)(2)(5)(5)
Income (loss) available to common stockholders$35,414 $28,564 $69,068 $52,734 
Denominator for EPS:  
Weighted average common shares outstanding28,600 30,265 28,734 30,323 
Plus: Assumed conversion of share-based compensation (1)683 369 610 285 
     Assumed conversion of preferred stock25 25 25 25 
Weighted average diluted common shares outstanding29,308 30,659 29,369 30,633 
Basic earnings (loss) per common share$1.24 $0.94 $2.40 $1.74 
Diluted earnings (loss) per common share$1.21 $0.93 $2.35 $1.72 
(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.