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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Common stock held in treasury
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained deficit
Beginning balance at Dec. 31, 2022 $ 2,876,006 $ 2,629 $ (429,659) $ 5,764,970 $ 467 $ (2,462,401)
Beginning balance Shares at Dec. 31, 2022   262,887,000 (24,002,000)      
Issuance of common stock (33,935) $ 28 $ 0 (33,963) 0 0
Issuance of common stock, shares   2,794,000        
Issuance of common stock upon vesting of PSUs 0 $ 0 0 278 0 (278)
Issuance of common stock upon vesting of PSUs, shares   6,000        
Stock-based compensation expense 9,096 $ 0 0 9,096 0 0
Dividends ($0.08 per share) (19,334)         (19,334)
Treasury stock issuance 0 0 $ 20 (20) 0 0
Treasury stock issuance, shares     1,000      
Treasury stock repurchased (7,737) 0 $ (7,737) 0 0 0
Treasury stock repurchased, shares     (323,000)      
Excise tax on stock repurchases (97) 0 $ (97) 0 0 0
Other comprehensive income (loss) 9 0 0 0 9 0
Net income 481,447 0 0 0 0 481,447
Ending balance at Mar. 31, 2023 3,305,455 $ 2,657 $ (437,473) 5,740,361 476 (2,000,566)
Ending balance Shares at Mar. 31, 2023   265,687,000 (24,324,000)      
Beginning balance at Dec. 31, 2022 2,876,006 $ 2,629 $ (429,659) 5,764,970 467 (2,462,401)
Beginning balance Shares at Dec. 31, 2022   262,887,000 (24,002,000)      
Net income 511,678          
Ending balance at Jun. 30, 2023 3,387,607 $ 2,657 $ (439,302) 5,813,408 485 (1,989,641)
Ending balance Shares at Jun. 30, 2023   265,752,000 (24,401,000)      
Beginning balance at Dec. 31, 2022 2,876,006 $ 2,629 $ (429,659) 5,764,970 467 (2,462,401)
Beginning balance Shares at Dec. 31, 2022   262,887,000 (24,002,000)      
Ending balance at Dec. 31, 2023 $ 3,765,551 $ 2,658 $ (448,681) 5,879,705 647 (1,668,778)
Ending balance Shares at Dec. 31, 2023 265,756,369 265,756,000 (24,716,000)      
Beginning balance at Mar. 31, 2023 $ 3,305,455 $ 2,657 $ (437,473) 5,740,361 476 (2,000,566)
Beginning balance Shares at Mar. 31, 2023   265,687,000 (24,324,000)      
Issuance of common stock 64,360 $ 0 $ 0 64,360 0 0
Issuance of common stock, shares   65,000        
Stock-based compensation expense 8,687 $ 0 0 8,687 0 0
Dividends ($0.08 per share) (19,306)         (19,306)
Treasury stock repurchased (1,926) 0 $ (1,926) 0 0 0
Treasury stock repurchased, shares     (77,000)      
Excise tax on stock repurchases 97 0 $ 97 0 0 0
Other comprehensive income (loss) 9 0 0 0 9 0
Net income 30,231 0 0 0 0 30,231
Ending balance at Jun. 30, 2023 3,387,607 $ 2,657 $ (439,302) 5,813,408 485 (1,989,641)
Ending balance Shares at Jun. 30, 2023   265,752,000 (24,401,000)      
Beginning balance at Dec. 31, 2023 $ 3,765,551 $ 2,658 $ (448,681) 5,879,705 647 (1,668,778)
Beginning balance Shares at Dec. 31, 2023 265,756,369 265,756,000 (24,716,000)      
Issuance of common stock $ (22,413) $ 15 $ 0 (22,428) 0 0
Issuance of common stock, shares   1,547,000        
Issuance of common stock upon vesting of PSUs 0 $ 0 0 361 0 (361)
Issuance of common stock upon vesting of PSUs, shares   7,000        
Stock-based compensation expense 10,979 $ 0 0 10,979 0 0
Dividends ($0.08 per share) (19,473)         (19,473)
Other comprehensive income (loss) (15) 0 0 0 (15) 0
Net income 92,138 0 0 0 0 92,138
Ending balance at Mar. 31, 2024 3,826,767 $ 2,673 $ (448,681) 5,868,617 632 (1,596,474)
Ending balance Shares at Mar. 31, 2024   267,310,000 (24,716,000)      
Beginning balance at Dec. 31, 2023 $ 3,765,551 $ 2,658 $ (448,681) 5,879,705 647 (1,668,778)
Beginning balance Shares at Dec. 31, 2023 265,756,369 265,756,000 (24,716,000)      
Net income $ 120,842          
Ending balance at Jun. 30, 2024 $ 3,861,028 $ 2,674 $ (458,880) 5,904,003 616 (1,587,385)
Ending balance Shares at Jun. 30, 2024 267,419,194 267,419,000 (25,021,000)      
Beginning balance at Mar. 31, 2024 $ 3,826,767 $ 2,673 $ (448,681) 5,868,617 632 (1,596,474)
Beginning balance Shares at Mar. 31, 2024   267,310,000 (24,716,000)      
Issuance of common stock 25,827 $ 1 $ 0 25,826 0 0
Issuance of common stock, shares   109,000        
Stock-based compensation expense 9,560 $ 0 0 9,560 0 0
Dividends ($0.08 per share) (19,615)         (19,615)
Treasury stock repurchased (10,199) 0 $ (10,199) 0 0 0
Treasury stock repurchased, shares     (305,000)      
Other comprehensive income (loss) (16) 0 $ 0 0 (16) 0
Net income 28,704 0 0 0 0 28,704
Ending balance at Jun. 30, 2024 $ 3,861,028 $ 2,674 $ (458,880) $ 5,904,003 $ 616 $ (1,587,385)
Ending balance Shares at Jun. 30, 2024 267,419,194 267,419,000 (25,021,000)