v3.26.1
Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share
The following table presents the computation of basic and diluted earnings (loss) per share:
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Numerator:
Net income (loss)
$
(36,684)
$
42,872 
$
84,041 
$
151,175 
Denominator:
Weighted average shares outstanding – basic
159,573 
158,798 
159,397 
158,901 
Dilutive effect of share-based awards
— 
2,084 
1,269 
2,084 
Dilutive effect of warrants
— 
646 
1,200 
787 
Weighted average shares outstanding – diluted
159,573 
161,528 
161,866 
161,772 
Earnings (loss) per share data:
Basic
$
(0.23)
$
0.27 
$
0.53 
$
0.95 
Diluted
$
(0.23)
$
0.27 
$
0.52 
$
0.93 
Schedule of Antidilutive Securities Excluded from Diluted Earnings (Loss) Per Share The following table displays the share-based instruments that have been excluded from diluted earnings (loss) per share since the effect would have been anti-dilutive:
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Share-based awards (1)
986 
— 
— 
— 
Warrants (1)
1,208 
2,773 
— 
2,773 
(1)Represents the total number of share-based awards and warrants outstanding which did not have a dilutive effect. In periods where the share-based awards and warrants are determined to be dilutive, the number of shares which will be included in the computation of diluted shares is determined using the Treasury Stock Method, adjusted for mandatory exercise provisions under the warrant agreements, if applicable.