v3.26.3
Earnings (Losses) Per Share - Reconciliation (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Net income (loss) (numerator):        
Income (loss), net of tax $ 15,984 $ 302,466 $ 18,723 $ 357,440
Less: Net (income) loss attributable to noncontrolling interest (27,149) (28,268) (67,384) (81,164)
Less: deemed dividends to SPAC public shareholders   (750)   (750)
Less: accrued distribution on redeemable noncontrolling interest in subsidiary (6,832) (7,344) (20,272) (21,792)
Less: distributed and undistributed earnings allocated to unvested shareholders   (8,828)   (9,106)
Adjusted income (loss), net of tax - basic $ (17,997) $ 257,276 $ (68,933) $ 244,628
Weighted-average number of shares outstanding - basic 14,503 14,098 14,330 12,880
Earnings (losses) per share:        
Total Basic (in dollars per share) $ (1.24) $ 18.25 $ (4.81) $ 18.99
DILUTED EPS:        
Adjusted income (loss), net of tax - basic $ (17,997) $ 257,276 $ (68,933) $ 244,628
Add: after tax interest expense of convertible notes   848   2,544
Add: effect of reallocating undistributed earnings of unvested shareholders   28   24
Adjusted income (loss), net of tax - diluted $ (17,997) $ 258,152 $ (68,933) $ 247,196
Weighted-average number of shares outstanding - basic 14,503 14,098 14,330 12,880
Add: if converted dilutive effect of convertible notes   1,176   1,176
Add: dilutive effect of potential common shares   47   36
Weighted-average number of shares outstanding - diluted 14,503 15,321 14,330 14,092
Earnings (losses) per share:        
Total Diluted (in dollars per share) $ (1.24) $ 16.85 $ (4.81) $ 17.54