XML 48 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The table below sets forth the share-based awards that have been excluded from the computation of diluted (loss) earnings per share because their effect would be anti-dilutive:
Three Months Ended
March 31,
20252024
Anti-Dilutive Restricted Stock Units52,993 84 
Anti-Dilutive Performance Share Units4,089 — 
57,082 84 
Schedule of Earnings Per Share, Basic and Diluted
The computations for basic and dilutive (loss) earnings per share are as follows:
Three Months Ended
March 31,
20252024
Numerator:
Net (Loss) Income$(69,277)$101,891 
Denominator:
Weighted-average shares of common stock outstanding50,264,707 29,951,109 
Effect of dilutive shares*— 122,553 
Weighted-average diluted shares of common stock outstanding50,264,707 30,073,662 
(Loss) Earnings per Share:
Basic$(1.38)$3.40 
Dilutive$(1.38)$3.39 
* During periods in which the Company incurs a net loss, diluted weighted average shares outstanding are equal to basic weighted average shares outstanding because the effect of all equity awards is anti-dilutive.