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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 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):
Years Ended December 31,
202420232022
Numerator for EPS:
Net income (loss)$58,928 $66,823 $(22,257)
Less: Preferred stock dividends(10)(10)(10)
Income (loss) available to common stockholders$58,918 $66,813 $(22,267)
Denominator for EPS:   
Weighted average common shares outstanding28,498 29,829 30,751 
Plus: Assumed conversion of share-based compensation (1)751 293 — 
  Assumed conversion of preferred stock25 25 — 
Weighted average diluted common shares outstanding29,274 30,147 30,751 
Basic earnings (loss) per common share$2.07 $2.24 $(0.72)
Diluted earnings (loss) per common share$2.01 $2.22 $(0.72)
Weighted average number of antidilutive shares383 1,680 2,706 
(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.