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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Treasury Stock
Beginning balance at Dec. 31, 2023 $ (3,917) $ 23 $ 157,770 $ (160,790) $ (920)
Increase (Decrease) in Stockholders' Equity          
Net income 69,279     69,279  
Stock Appreciation Rights (“SAR”) issued 0   (187)   187
Stock-based compensation expense 89   89    
Tax benefit from exercise of stock based compensation (201)       (201)
Restricted Stock Awards 0   (111)   111
Ending balance at Dec. 31, 2024 65,250 23 157,561 (91,511) (823)
Increase (Decrease) in Stockholders' Equity          
Net income 113,987     113,987  
Stock Appreciation Rights (“SAR”) issued 0   (274)   274
Stock-based compensation expense 427   427    
Repurchases to settle tax withholding obligations for stock-based compensation awards (1,055)       (1,055)
Restricted Stock Awards 0   (112)   112
Ending balance at Dec. 31, 2025 $ 178,609 $ 23 $ 157,602 $ 22,476 $ (1,492)