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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Earnings per share for 2024, 2023, and 2022 were as follows (amounts in thousands, except per share data):
202420232022
Net (loss) income applicable to common shareholders$(5,560)$78,760 $176,302 
Determination of shares:
Weighted average shares outstanding (basic)68,662 62,452 63,040 
Effect of restricted stock and stock options— 509 651 
Weighted average shares outstanding (diluted)68,662 62,961 63,691 
(Loss) earnings per share:
   Basic$(0.08)$1.26 $2.80 
   Diluted$(0.08)$1.25 $2.77 
The effect of restricted stock and stock options has been excluded for the fiscal year ended December 31, 2024, as the effect would have been antidilutive. The weighted average shares excluded for equity awards for the year ended December 31, 2024 was 0.5 million.