EARNINGS PER SHARE and SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted (loss) earnings per share

The following table presents the calculation of basic and diluted net income (loss) per share for the periods presented (in thousands, except per share amounts):

	Year Ended December 31,
	2025		2024		2023
Numerator:
Net income (loss)	$	151,308	$	(41,704)	$	(122,404)
Add back interest expense, net of tax attributable to assumed conversion of convertible senior notes	234		—		—
Net income (loss) attributable to common stockholders-diluted	$	151,542	$	(41,704)	$	(122,404)
Weighted average basic common shares	13,584		13,269		12,941
Effect of stock options	—		—		—
Effect of dilutive share awards	358		—		—
Dilutive effect of assumed conversion of convertible senior notes	120		—		—
Weighted average diluted common shares	14,062		13,269		12,941
Net income (loss) attributable to common shareholders-basic	$	11.14	$	(3.14)	$	(9.46)
Net income (loss) attributable to common shareholders-diluted	$	10.78	$	(3.14)	$	(9.46)