v3.26.1
Earnings Per Share - Summary of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Basic earnings per share        
Net income attributable to the Company $ 46,444 $ 2,759 $ 92,931 $ 11,548
Less: Earnings allocable to unvested restricted stock (1,086) (192) (2,170) (769)
Net income attributable to common shareholders $ 45,358 $ 2,567 $ 90,761 $ 10,779
Weighted-average basic shares outstanding 30,221 30,456 30,203 30,438
Net income per share attributable to common shareholders $ 1.5 $ 0.08 $ 3.01 $ 0.35
Diluted earnings per share        
Net income attributable to common shareholders [1] $ 45,358 $ 2,567 $ 90,761 $ 10,779
Dilutive impact of unvested restricted stock [1]     28  
Net income attributable to common shareholders, net of dilutive impact [1] $ 45,358 $ 2,567 $ 90,789 $ 10,779
Weighted-average diluted shares [1] 30,936 30,742 30,808 30,726
Net income per share attributable to common shareholders [1] $ 1.47 $ 0.08 $ 2.95 $ 0.35
[1] For the three months ended June 30, 2026, the computation of diluted EPS includes contingently issuable shares related to PSUs that are calculated under the treasury stock method. For the three months ended June 30, 2026, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. For the three months ended June 30, 2026, had the anti-dilutive
unvested restricted stock awards been dilutive, the denominator for diluted EPS would have been 31,436, including 501 contingently issuable shares related to unvested restricted stock awards. For the six months ended June 30, 2026, the computation of diluted EPS includes contingently issuable shares related to PSUs and unvested restricted stock awards that are calculated under the treasury stock method. For the six months ended June 30, 2026, the computation of diluted EPS does not include contingently issuable shares related to certain unvested restricted stock awards due to their anti-dilutive nature. For the six months ended June 30, 2026, had the anti-dilutive unvested restricted stock awards been dilutive, the denominator for diluted EPS would have been 31,279, including 470 contingently issuable shares related to unvested restricted stock awards. For the three and six months ended June 30, 2025, the computation of diluted EPS includes contingently issuable shares related to PSUs calculated under the treasury stock method. For the three and six months ended June 30, 2025, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. For the three and six months ended June 30, 2025, had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 30,833 and 30,828, respectively, including 91 and 102 contingently issuable shares related to unvested restricted stock awards, respectively.