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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2024
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,
 2024202320242023
Numerator for EPS:
Net income (loss)$(16,163)$(5,915)$52,910 $46,824 
Less: Preferred stock dividends(3)(3)(8)(8)
Income (loss) available to common stockholders$(16,166)$(5,918)$52,902 $46,816 
Denominator for EPS:  
Weighted average common shares outstanding28,355 29,617 28,607 30,087 
Plus: Assumed conversion of share-based compensation (1)— — 685 266 
     Assumed conversion of preferred stock— — 25 25 
Weighted average diluted common shares outstanding28,355 29,617 29,317 30,378 
Basic earnings (loss) per common share$(0.57)$(0.20)$1.85 $1.56 
Diluted earnings (loss) per common share$(0.57)$(0.20)$1.80 $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.