v3.26.1
(Loss) Earnings Per Share - Schedule of Basic and Diluted Net Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]          
Net (loss) earnings available to common and equivalent stockholders, basic $ (251,294) $ 62,005 $ 18,438 $ (189,289) $ 62,059
Less: Earnings allocated to unvested restricted stock 6   (5) (1) (49)
Net earnings (loss) allocated to common and equivalent shares $ (251,288)   $ 18,433 $ (189,290) $ 62,010
Weighted average basic shares and unvested restricted stock outstanding (shares) 155,843   158,504 155,370 163,572
Less: weighted-average unvested restricted stock outstanding (shares) (40)   (150) (55) (176)
Weighted-average basic shares outstanding (shares) 155,803   158,354 155,315 163,396
Basic (loss) earnings per share (usd per share) $ (1.61) $ 0.40 $ 0.12 $ (1.22) $ 0.38
Net loss allocated to common and equivalent shares $ (251,288)   $ 18,438 $ (189,290) $ 62,059
Weighted average diluted shares outstanding, diluted (usd per share) 155,803   158,462 155,315 163,667
Diluted (loss) earnings per share (usd per share) $ (1.61) $ 0.39 $ 0.12 $ (1.22) $ 0.38
Voting          
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]          
Net (loss) earnings available to common and equivalent stockholders, basic $ (250,525)   $ 17,243 $ (187,544) $ 58,159
Less: Earnings allocated to unvested restricted stock 6   (5) (1) (49)
Net earnings (loss) allocated to common and equivalent shares $ (250,519)   $ 17,238 $ (187,545) $ 58,110
Weighted average basic shares and unvested restricted stock outstanding (shares) 155,366   148,236 153,938 153,304
Less: weighted-average unvested restricted stock outstanding (shares) (40)   (150) (55) (176)
Weighted-average basic shares outstanding (shares) 155,326   148,086 153,883 153,128
Basic (loss) earnings per share (usd per share) $ (1.61)   $ 0.12 $ (1.22) $ 0.38
Net loss allocated to common and equivalent shares $ (250,519)   $ 17,243 $ (187,545) $ 58,159
Weighted average diluted shares outstanding, diluted (usd per share) 155,326   148,194 153,883 153,399
Diluted (loss) earnings per share (usd per share) $ (1.61)   $ 0.12 $ (1.22) $ 0.38
Class B non-voting          
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]          
Net (loss) earnings available to common and equivalent stockholders, basic $ (769)   $ 55 $ (581) $ 181
Less: Earnings allocated to unvested restricted stock 0   0 0 0
Net earnings (loss) allocated to common and equivalent shares $ (769)   $ 55 $ (581) $ 181
Weighted average basic shares and unvested restricted stock outstanding (shares) 477   477 477 477
Less: weighted-average unvested restricted stock outstanding (shares) 0   0 0 0
Weighted-average basic shares outstanding (shares) 477   477 477 477
Basic (loss) earnings per share (usd per share) $ (1.61)   $ 0.12 $ (1.22) $ 0.38
Net loss allocated to common and equivalent shares $ (769)   $ 55 $ (581) $ 181
Weighted average diluted shares outstanding, diluted (usd per share) 477   477 477 477
Diluted (loss) earnings per share (usd per share) $ (1.61)   $ 0.12 $ (1.22) $ 0.38
Nonvoting Common Stock Equivalents          
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]          
Net (loss) earnings available to common and equivalent stockholders, basic     $ 1,140 $ (1,164) $ 3,719
Less: Earnings allocated to unvested restricted stock     0 0 0
Net earnings (loss) allocated to common and equivalent shares     $ 1,140 $ (1,164) $ 3,719
Weighted average basic shares and unvested restricted stock outstanding (shares)     9,791 955 9,791
Less: weighted-average unvested restricted stock outstanding (shares)     0 0 0
Weighted-average basic shares outstanding (shares)     9,791 955 9,791
Basic (loss) earnings per share (usd per share)     $ 0.12 $ (1.22) $ 0.38
Net loss allocated to common and equivalent shares     $ 1,140 $ (1,164) $ 3,719
Weighted average diluted shares outstanding, diluted (usd per share)     9,791 955 9,791
Diluted (loss) earnings per share (usd per share)     $ 0.12 $ (1.22) $ 0.38