v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Paid-in Capital
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2024   17,798,000      
Beginning balance at Dec. 31, 2024 $ 1,711,393 $ 2 $ 0 $ 129,059 $ 1,582,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income (464)       (464)
Conversion of preferred stock (in shares)   324,000      
Conversion of preferred stock 4,461     4,461  
Stock compensation 4,538     4,538  
Repurchase of common stock under Repurchase Program (in shares)   (329,000)      
Repurchase of common stock under Repurchase Program (60,601)   (2,192) (58,409)  
Issuance of common stock upon vesting of share-based awards (in shares)   40,000      
Common stock withheld for income taxes on share-based awards (in shares)   (17,000)      
Common stock withheld for income taxes on share-based awards (2,962)     (2,962)  
Dividends on preferred stock (866)     (4) (862)
Ending balance (in shares) at Mar. 31, 2025   17,816,000      
Ending balance at Mar. 31, 2025 1,655,499 $ 2 (2,192) 76,683 1,581,006
Beginning balance (in shares) at Dec. 31, 2024   17,798,000      
Beginning balance at Dec. 31, 2024 1,711,393 $ 2 0 129,059 1,582,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income $ 184,002        
Conversion of preferred stock (in shares) 5,992        
Ending balance (in shares) at Jun. 30, 2025   17,608,000      
Ending balance at Jun. 30, 2025 $ 1,765,679 $ 2 (500) 1,509 1,764,668
Beginning balance (in shares) at Mar. 31, 2025   17,816,000      
Beginning balance at Mar. 31, 2025 1,655,499 $ 2 (2,192) 76,683 1,581,006
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income 184,466       184,466
Conversion of preferred stock (in shares)   113,000      
Conversion of preferred stock 1,531     1,531  
Stock compensation 4,870     4,870  
Net cash payments on performance vesting restricted stock units (12,297)     (12,297)  
Repurchase of common stock under Repurchase Program (in shares)   (348,000)      
Repurchase of common stock under Repurchase Program (65,317)   1,692 (67,009)  
Issuance of common stock upon vesting of share-based awards (in shares)   39,000      
Common stock withheld for income taxes on share-based awards (in shares)   (12,000)      
Common stock withheld for income taxes on share-based awards (2,266)     (2,266)  
Dividends on preferred stock (807)     (3) (804)
Ending balance (in shares) at Jun. 30, 2025   17,608,000      
Ending balance at Jun. 30, 2025 $ 1,765,679 $ 2 (500) 1,509 1,764,668
Beginning balance (in shares) at Dec. 31, 2025 18,800,000 18,810,000      
Beginning balance at Dec. 31, 2025 $ 1,834,718 $ 2 0 0 1,834,716
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income 165,822       165,822
Stock compensation 293     2,610 (2,317)
Repurchase of common stock under Repurchase Program (in shares)   (852,000)      
Repurchase of common stock under Repurchase Program (174,504)   (3,024) (1,502) (169,978)
Issuance of common stock upon vesting of share-based awards (in shares)   208,000      
Common stock withheld for income taxes on share-based awards (in shares)   (90,000)      
Common stock withheld for income taxes on share-based awards (18,644)     (1,108) (17,536)
Ending balance (in shares) at Mar. 31, 2026   18,076,000      
Ending balance at Mar. 31, 2026 $ 1,807,685 $ 2 (3,024) 0 1,810,707
Beginning balance (in shares) at Dec. 31, 2025 18,800,000 18,810,000      
Beginning balance at Dec. 31, 2025 $ 1,834,718 $ 2 0 0 1,834,716
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income $ 252,924        
Conversion of preferred stock (in shares) 0        
Ending balance (in shares) at Jun. 30, 2026 17,700,000 17,686,000      
Ending balance at Jun. 30, 2026 $ 1,827,274 $ 2 (432) 0 1,827,704
Beginning balance (in shares) at Mar. 31, 2026   18,076,000      
Beginning balance at Mar. 31, 2026 1,807,685 $ 2 (3,024) 0 1,810,707
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income 87,102       87,102
Stock compensation 4,017     4,017 0
Repurchase of common stock under Repurchase Program (in shares)   (404,000)      
Repurchase of common stock under Repurchase Program (70,595)   2,592 (3,082) (70,105)
Issuance of common stock upon vesting of share-based awards (in shares)   19,000      
Common stock withheld for income taxes on share-based awards (in shares)   (5,000)      
Common stock withheld for income taxes on share-based awards $ (935)     (935) 0
Ending balance (in shares) at Jun. 30, 2026 17,700,000 17,686,000      
Ending balance at Jun. 30, 2026 $ 1,827,274 $ 2 $ (432) $ 0 $ 1,827,704