v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Capital Stock Preferred
Issued Common
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (loss)
Treasury Stock
Non-controlling Interest
Balance at beginning of period at Dec. 31, 2024 $ 832,543 $ 4 $ 6,715 $ 332,195 $ 563,929 $ (658) $ (68,019) $ (1,623)
Comprehensive loss:                
Net income (loss) (3,057)       (3,024)     (33)
Other comprehensive (loss) income 296         296    
Dividends declared [1] (2,578)       (2,578)      
Share-based compensation 524     524        
Stock shares awarded, forfeited or vested 0     (3,784)     3,784  
Stock shares repurchased (1,035)           (1,035)  
Balance at end of period at Mar. 31, 2025 826,693 4 6,715 328,935 558,327 (362) (65,270) (1,656)
Balance at beginning of period at Dec. 31, 2024 832,543 4 6,715 332,195 563,929 (658) (68,019) (1,623)
Comprehensive loss:                
Net income (loss) 11,370              
Other comprehensive (loss) income 913              
Balance at end of period at Jun. 30, 2025 840,129 4 6,715 329,256 570,154 255 (64,600) (1,655)
Balance at beginning of period at Mar. 31, 2025 826,693 4 6,715 328,935 558,327 (362) (65,270) (1,656)
Comprehensive loss:                
Net income (loss) 14,427       14,426     1
Other comprehensive (loss) income 617         617    
Dividends declared [1] (2,599)       (2,599)      
Share-based compensation 991     991        
Stock shares awarded, forfeited or vested 0     (670)     670  
Balance at end of period at Jun. 30, 2025 840,129 4 6,715 329,256 570,154 255 (64,600) (1,655)
Balance at beginning of period at Dec. 31, 2025 716,790 4 6,715 330,872 445,736 (373) (64,518) (1,646)
Comprehensive loss:                
Net income (loss) (134,807)       (134,804)     (3)
Other comprehensive (loss) income (265)         (265)    
Dividends declared [2] (2,625)       (2,625)      
Share-based compensation 1,434     1,434        
Stock shares awarded, forfeited or vested 0     (3,827)     3,827  
Stock shares repurchased (886)           (886)  
Balance at end of period at Mar. 31, 2026 579,641 4 6,715 328,479 308,307 (638) (61,577) (1,649)
Balance at beginning of period at Dec. 31, 2025 716,790 4 6,715 330,872 445,736 (373) (64,518) (1,646)
Comprehensive loss:                
Net income (loss) (122,798)              
Other comprehensive (loss) income (373)              
Balance at end of period at Jun. 30, 2026 590,813 4 6,715 327,964 317,680 (746) (60,804) 0
Balance at beginning of period at Mar. 31, 2026 579,641 4 6,715 328,479 308,307 (638) (61,577) (1,649)
Comprehensive loss:                
Net income (loss) 12,009       12,009      
Other comprehensive (loss) income (108)         (108)    
Dividends declared [2] (2,636)       (2,636)      
Share-based compensation 1,907     1,907        
Stock shares awarded, forfeited or vested 0     (773)     773  
Exchange of non-controlling interest 0     (1,649)       1,649
Balance at end of period at Jun. 30, 2026 $ 590,813 $ 4 $ 6,715 $ 327,964 $ 317,680 $ (746) $ (60,804) $ 0
[1] Dividends and dividend equivalents were $0.12 per common share, per restricted stock unit, and per performance stock unit for the quarters ended March 31, 2025 and June 30, 2025.
[2] Dividends and dividend equivalents were 0.12 per common share, per restricted stock unit, and per performance stock unit for the quarters ended March 31, 2026 and June 30, 2026.