Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following sets forth the computation of basic and diluted earnings per share under the two-class method:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Thousands, except per share data)	2024		2023		2024		2023
			(as restated)				(as restated)
Basic earnings per share:
Numerator:
Net income (loss) attributable to shareholders	$	12,229	$	(118,843)	$	71,836	$	(112,419)
Less: Income allocated to participating securities	(334)		(321)		(1,493)		(890)
Dividends declared on convertible preferred stock	(5)		(5)		(15)		(15)
Net income (loss) attributable to common shares	$	11,890	$	(119,169)	$	70,328	$	(113,324)
Denominator:
Basic weighted-average common shares outstanding	237,480		236,533		237,242		236,352
Basic income (loss) earnings per common share	$	0.05	$	(0.50)	$	0.30	$	(0.48)

	Three Months Ended September 30,				Nine Months Ended September 30,
(Thousands, except per share data)	2024		2023		2024		2023
			(as restated)				(as restated)
Diluted earnings per share:
Numerator:
Net income (loss) attributable to shareholders	$	12,229	$	(118,843)	$	71,836	$	(112,419)
Less: Income allocated to participating securities	(334)		(321)		(1,493)		(890)
Dividends declared on convertible preferred stock	(5)		(5)		(15)		(15)
Impact on if-converted dilutive securities	—		—		—		—
Net income (loss) attributable to common shares	$	11,890	$	(119,169)	$	70,328	$	(113,324)
Denominator:
Basic weighted-average common shares outstanding	237,480		236,533		237,242		236,352
Effect of dilutive non-participating securities	—		—		—		—
Impact on if-converted dilutive securities	—		—		—		—
Weighted-average shares for dilutive earnings per common share	237,480		236,533		237,242		236,352
Dilutive earnings (loss) per common share	$	0.05	$	(0.50)	$	0.30	$	(0.48)