XML 59 R50.htm IDEA: XBRL DOCUMENT v3.23.1
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Oct. 08, 2022
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Basic:            
Net income (loss)   $ 22,811 $ (7,652) $ 105,888 $ 13,047 $ (92,744)
Less: Preferred stock dividend   (1,492)        
Less: Undistributed earnings allocable to preferred shareholders   (120)        
Net income (loss) available to common stockholders   $ 21,199       $ (92,744)
Weighted average basic number of common shares outstanding - basic   16,393       16,303
Basic net income (loss) per share of common share (in dollars per share)   $ 1.29       $ (5.69)
Diluted:            
Net income (loss) available to common stockholders - basic   $ 21,199       $ (92,744)
Reallocation of undistributed earnings   1        
Net income (loss) available to common stockholders - diluted   $ 21,200       $ (92,744)
Weighted average basic number of common shares outstanding - basic   16,393       16,303
Common stock equivalent shares representing shares included upon Vesting of restricted shares   142        
Weighted average diluted number of common shares outstanding - diluted   16,535       16,303
Diluted net income (loss) per share of common stock (in dollars per share)   $ 1.28       $ (5.69)
Common stock equivalents excluded from computation of diluted earnings per share of common stock because of anti-dilutive effect   500       7,700
Market Based Restricted Stock Units            
Diluted:            
Warrants expired 6,900