| Schedule of Basic and Diluted Earnings Per Common Share |
The following table provides the basic and diluted earnings per common share computations for the three and six months ended June 30, 2026 and 2025. Table 21.1 – Basic and Diluted Earnings per Common Share | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (In Thousands, except Share Data) | | 2026 | | 2025 | | 2026 | | 2025 | | Basic (Loss) Earnings per Common Share: | | | | | | | | | | Net (loss) income (related) available to common stockholders | | $ | (2,858) | | | $ | (100,249) | | | $ | (10,111) | | | $ | (85,852) | | | Less: Dividends and undistributed earnings allocated to participating securities | | (1,461) | | | (1,413) | | | (2,717) | | | (2,825) | | | Net (loss) income (related) available to common stockholders | | $ | (4,319) | | | $ | (101,662) | | | $ | (12,828) | | | $ | (88,677) | | | Basic weighted average common shares outstanding | | 125,333,440 | | | 133,006,312 | | | 125,052,944 | | | 132,886,919 | | | Basic (Loss) Earnings per Common Share | | $ | (0.03) | | | $ | (0.76) | | | $ | (0.10) | | | $ | (0.67) | | | Diluted (Loss) Earnings per Common Share: | | | | | | | | | | Net (loss) income (related) available to common stockholders | | $ | (2,858) | | | $ | (100,249) | | | $ | (10,111) | | | $ | (85,852) | | | Less: Dividends and undistributed earnings allocated to participating securities | | (1,461) | | | (1,413) | | | (2,717) | | | (2,825) | | | | | | | | | | | | Net (loss) income (related) available to common stockholders | | $ | (4,319) | | | $ | (101,662) | | | $ | (12,828) | | | $ | (88,677) | | | Weighted average common shares outstanding | | 125,333,440 | | | 133,006,312 | | | 125,052,944 | | | 132,886,919 | | | Net effect of dilutive equity awards | | — | | | — | | | — | | | — | | | | | | | | | | | | Diluted weighted average common shares outstanding | | 125,333,440 | | | 133,006,312 | | | 125,052,944 | | | 132,886,919 | | | Diluted (Loss) Earnings per Common Share | | $ | (0.03) | | | $ | (0.76) | | | $ | (0.10) | | | $ | (0.67) | |
|