v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Treasury Stock
Beginning balance at Dec. 31, 2024 $ 65,250 $ 23 $ 157,561 $ (91,511) $ (823)
Increase (Decrease) in Stockholders' Equity          
Net income 70,294     70,294  
Stock Appreciation Rights (“SAR”) exercised 0   (93)   93
Stock-based compensation expense 307   307    
Repurchases to settle tax withholding obligations for stock-based compensation awards (200)       (200)
Ending balance at Jun. 30, 2025 135,651 23 157,775 (21,217) (930)
Beginning balance at Mar. 31, 2025 84,343 23 157,648 (72,429) (899)
Increase (Decrease) in Stockholders' Equity          
Net income 51,212     51,212  
Stock Appreciation Rights (“SAR”) exercised 0   (27)   27
Stock-based compensation expense 154   154    
Repurchases to settle tax withholding obligations for stock-based compensation awards (58)       (58)
Ending balance at Jun. 30, 2025 135,651 23 157,775 (21,217) (930)
Beginning balance at Dec. 31, 2025 178,609 23 157,602 22,476 (1,492)
Increase (Decrease) in Stockholders' Equity          
Net income 24,161     24,161  
Stock Appreciation Rights (“SAR”) issued 0   (148)   148
Stock-based compensation expense 854   854    
Repurchases to settle tax withholding obligations for stock-based compensation awards (556)       (556)
Ending balance at Jun. 30, 2026 203,068 23 158,308 46,637 (1,900)
Beginning balance at Mar. 31, 2026 185,777 23 157,878 29,776 (1,900)
Increase (Decrease) in Stockholders' Equity          
Net income 16,861     16,861  
Stock-based compensation expense 430   430    
Ending balance at Jun. 30, 2026 $ 203,068 $ 23 $ 158,308 $ 46,637 $ (1,900)