XML 70 R59.htm IDEA: XBRL DOCUMENT v3.25.2
Note 13 - Earnings Per Share - Basic and Diluted Net Income (Loss) Per Share Attributable to Common Stockholders (Details) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Net income $ 26,176 $ 36,335 $ 29,717 $ 6,438 $ 62,511 $ 36,155
Participating basic earnings [1] (2,546)   (2,860)   (6,086) (3,466)
Basic earnings attributable to common stockholders 23,630   26,857   56,425 32,689
Reallocation of participating earnings 32   36   78 37
Diluted net income attributable to common stockholders $ 23,662   $ 26,893   $ 56,503 $ 32,726
Basic weighted average shares outstanding (in shares) 123,930   125,341   123,922 125,341
Dilutive warrants and unvested stock options (in shares) 0   1,753   82 1,770
Dilutive unvested restricted stock (in shares) 2,165   2,154   2,165 2,154
Diluted weighted average shares outstanding (in shares) 126,095   129,248   126,169 129,265
[1] Vested stock options represent participating securities because they participate in dividend equivalents with the common equity holders of the Company. Participating earnings represent the distributed and undistributed earnings of the Company attributable to the participating securities. Certain unvested restricted stock awarded to outside directors, employee members of the Board and certain employees do not represent participating securities because, while they participate in dividends with the common equity holders of the Company, the dividends associated with such unvested restricted stock are forfeitable in connection with the forfeitability of the underlying restricted stock. Unvested stock options do not represent participating securities because, while they participate in dividend equivalents with the common equity holders of the Company, the dividend equivalents associated with unvested stock options are forfeitable in connection with the forfeitability of the underlying stock options.