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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
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,
 2025202420252024
Numerator for EPS:
Net income (loss)$39,830 $(16,163)$116,362 $52,910 
Less: Preferred stock dividends(3)(3)(8)(8)
Income (loss) available to common stockholders$39,827 $(16,166)$116,354 $52,902 
Denominator for EPS:  
Weighted average common shares outstanding27,851 28,355 27,971 28,607 
Plus: Assumed conversion of share-based compensation (1)932 — 907 685 
     Assumed conversion of preferred stock25 — 25 25 
Weighted average diluted common shares outstanding28,808 28,355 28,903 29,317 
Basic earnings (loss) per common share$1.43 $(0.57)$4.16 $1.85 
Diluted earnings (loss) per common share$1.38 $(0.57)$4.03 $1.80 
(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.