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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) per Share
The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted earnings (loss) per share:
Net Earnings (Loss)Weighted Average SharesEarnings (Loss) Per Share
(In thousands, except per share amounts)
Year Ended December 31, 2023
Basic earnings per share$60,857 36,939 $1.65 
Effect of dilutive securities
Restricted stock awards (1)— 19 
Restricted share units (1)— 120 
Performance share units (1)— 13 
Stock Options (1)— 43 
Diluted earnings per share$60,857 37,134 $1.64 
Year Ended December 31, 2022
Basic earnings per share$242,168 36,745 $6.59 
Effect of dilutive securities
Restricted stock awards (1)— 20 
Restricted share units (1)— 285 
Performance share units (1)— 20 
Stock Options (1)— 84 
Diluted earnings per share$242,168 37,154 $6.52 
Year Ended December 31, 2021
Basic earnings per share$116,738 36,393 $3.21 
Effect of dilutive securities
Restricted stock awards (1)— 58 
Restricted share units (1)— 689 
Performance share units (1)— 83 
Stock Options (1)— 48 
Diluted earnings per share$116,738 37,271 $3.13 
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(1)The incremental shares of potentially dilutive restricted stock awards, restricted stock units, performance share units and stock options were included for the years ended December 31, 2023, 2022 and 2021 as their effect was dilutive under the treasury stock method.