Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY (DEFICIT)

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Held in Reserve
Treasury Stock
Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Beginning balance (in shares) at Dec. 31, 2021   21,537,000 (938,000)        
Beginning balance at Dec. 31, 2021 $ 549,478 $ 2 $ (30,216) $ 0 $ 692,521 $ 0 $ (112,829)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (491,975)           (491,975)
Conversion of preferred stock (in shares)   1,000          
Conversion of preferred stock 18       18    
Stock compensation 1,755       1,755    
Repurchase of common stock under Repurchase Program (in shares)   (378,000)          
Repurchase of common stock under Repurchase Program (35,512)     (5,318) (30,194)    
Issuance of common stock held in reserve (in shares)     876,000        
Issuance of common stock held in reserve 28,220   $ 28,220        
Issuance of restricted stock, net of shares withheld for income taxes (in shares)   2,000          
Issuance of restricted stock, net of shares withheld for income taxes (80)       (80)    
Dividends on preferred stock (1,447)       (1,447)    
Ending balance (in shares) at Mar. 31, 2022   21,162,000 (62,000)        
Ending balance at Mar. 31, 2022 $ 50,457 $ 2 $ (1,996) (5,318) 662,573 0 (604,804)
Beginning balance (in shares) at Dec. 31, 2022 19,100,000 19,097,000 (62,000)        
Beginning balance at Dec. 31, 2022 $ 828,835 $ 2 $ (1,996) (286) 449,243 0 381,872
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income $ 523,054           523,054
Conversion of preferred stock (in shares) 0            
Stock compensation $ 3,069       3,069    
Repurchase of common stock under Repurchase Program (in shares)   (457,000)          
Repurchase of common stock under Repurchase Program (33,202)     (201) (33,001)    
Issuance of restricted stock, net of shares withheld for income taxes (in shares)   3,000          
Issuance of restricted stock, net of shares withheld for income taxes (287)       (287)    
Dividends on preferred stock $ (1,307)           (1,307)
Ending balance (in shares) at Mar. 31, 2023 18,600,000 18,643,000 (62,000)        
Ending balance at Mar. 31, 2023 $ 1,320,162 $ 2 $ (1,996) $ (487) $ 419,024 $ 0 $ 903,619