v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share Calculations
The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share calculations for the three and six months ended June 30, 2025 and 2024 (dollars in thousands, except per share amounts):
Three months ended June 30,
20252024
Net
Income
Weighted
Average
Common
Shares
Outstanding
Per
Share
Amount
Net
Income
Weighted
Average
Common
Shares
Outstanding
Per
Share
Amount
Net income (loss)$71,981 $(11,485)
Basic earnings per share:
Income (loss) available to common stockholders$71,981 130,484,287 $0.55 $(11,485)102,957,521 $(0.11)
Dilutive shares15,856 — 
Diluted earnings per share:
Income (loss) available to common stockholders$71,981 130,500,143 $0.55 $(11,485)102,957,521 $(0.11)
Six months ended June 30,
20252024
Net
Income
Weighted
Average
Common
Shares
Outstanding
Per
Share
Amount
Net
Income
Weighted
Average
Common Shares Outstanding
Per
Share
Amount
Net income$136,009 $20,596 
Basic earnings per share:
Income available to common stockholders$136,009 130,405,490 $1.04 $20,596 89,108,775 $0.23 
Dilutive shares35,468 7,815 
Diluted earnings per share:
Income available to common stockholders$136,009 130,440,958 $1.04 $20,596 89,116,590 $0.23