v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
Beginning balance at Dec. 31, 2024 $ 2 $ 648,761 $ (465,719) $ 4,951 $ 187,995
Beginning balance (in shares) at Dec. 31, 2024 21,675,837        
Stockholders' equity          
Stock-based compensation expense   520     520
Issuance of shares under stock award plan, net of shares withheld for cash taxes paid   498     498
Issuance of shares under stock award plan, net of shares withheld for cash taxes paid (in shares) 148,750        
Net Income (Loss)     38,024   38,024
Other comprehensive income (loss), net of tax benefit (expense) of ($0.1) million       364 364
Ending balance at Mar. 31, 2025 $ 2 649,779 (427,695) 5,315 227,401
Ending balance (in shares) at Mar. 31, 2025 21,824,587        
Beginning balance at Dec. 31, 2024         $ 777,388
Beginning balance (in shares) at Dec. 31, 2024         962,632
Ending balance at Mar. 31, 2025         $ 777,388
Ending balance (in shares) at Mar. 31, 2025         962,632
Beginning balance at Dec. 31, 2025 $ 2 456,466 (259,492) 7,179 $ 204,155
Beginning balance (in shares) at Dec. 31, 2025 22,096,835       22,096,835
Stockholders' equity          
Redemption of redeemable preferred stock   (97,323)     $ (97,323)
Stock-based compensation expense   (91)     (91)
Net Income (Loss)     106,336   106,336
Other comprehensive income (loss), net of tax benefit (expense) of ($0.1) million       (408) (408)
Ending balance at Mar. 31, 2026 $ 2 $ 359,052 $ (153,156) $ 6,771 $ 212,669
Ending balance (in shares) at Mar. 31, 2026 22,096,835       22,096,835
Beginning balance at Dec. 31, 2025         $ 445,140
Beginning balance (in shares) at Dec. 31, 2025         551,212
Redeemable Preferred Stock          
Redemption of redeemable preferred stock         $ (152,671)
Redemption of redeemable preferred stock (in shares)         (189,050)
Ending balance at Mar. 31, 2026         $ 292,469
Ending balance (in shares) at Mar. 31, 2026         362,162