v3.26.1
Earnings and Loss per Common Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The calculation of basic and diluted earnings and loss per share ("EPS") was as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands, except per share data)
Basic earnings (loss) per Class A common share
Numerator:
Net (loss) income$(2,087)$(47,025)$51,666 $(21,252)
Denominator:
Weighted-average Class A shares issued and outstanding56,765 55,127 56,257 54,746 
Basic (loss) earnings per Class A common share$(0.04)$(0.85)$0.92 $(0.39)
Diluted earnings (loss) per Class A common share
Numerator:
Net (loss) income allocated to Class A common stockholders$(2,087)$(47,025)$51,666 $(21,252)
Denominator:
Weighted-average Class A shares issued and outstanding56,765 55,127 56,257 54,746 
Dilutive potential common shares:
Service-based restricted stock units— — 1,678 — 
Performance-based restricted stock units— — 108 — 
Diluted weighted-average Class A shares issued and outstanding56,765 55,127 58,043 54,746 
Diluted (loss) earnings per Class A common share$(0.04)$(0.85)$0.89 $(0.39)
Schedule of Antidilutive Shares
The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands)
Class A common stock
Service-based restricted stock units— 320 — 470 
Performance-based restricted stock units461 658 461 658 
Total 461 978 461 1,128