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Net Income (Loss) per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Calculation of Net Income (Loss) Per Common Share
The table below displays the calculation of net income (loss) per common share.
For the Three Months Ended September 30,For the Nine Months Ended September 30,
(dollars and shares in thousands, except per share data)2025202420252024
Basic:    
Net income (loss)$(67,513)$21,815 $(135,613)$(62,325)
Average common shares outstanding30,368 30,174 30,340 30,143 
Basic net income (loss) per common share$(2.22)$0.72 $(4.47)$(2.07)
Diluted:
Net income (loss)$(67,513)$21,815 $(135,613)$(62,325)
Average common shares outstanding30,368 30,174 30,340 30,143 
Adjustment for common share equivalents— 68 — — 
Average common shares outstanding-diluted30,368 30,242 30,340 30,143 
Diluted net income (loss) per common share (1)
$(2.22)$0.72 $(4.47)$(2.07)
Anti-dilutive shares136 136 58