Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF STOCKHOLDERS??? EQUITY

v3.25.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Held in Reserve
Treasury Stock
Paid-in Capital
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 $ (112,829)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 494,701         494,701
Conversion of preferred stock (in shares)   407,000        
Conversion of preferred stock 5,601       5,601  
Stock compensation 8,670       8,670  
Repurchase of common stock under Repurchase Program (in shares)   (2,896,000)        
Repurchase of common stock under Repurchase Program (250,768)     (286) (250,482)  
Issuance of common stock held in reserve (in shares)     876,000      
Issuance of common stock held in reserve 28,220   $ 28,220      
Issuance of common stock upon vesting of share-based awards (in shares)   68,000        
Issuance of common stock upon vesting of share-based awards 0       0  
Common stock withheld for income taxes on share-based awards (in shares)   (19,000)        
Common stock withheld for income taxes on share-based awards (1,623)       (1,623)  
Dividends on preferred stock (5,444)       (5,444)  
Ending balance (in shares) at Dec. 31, 2022   19,097,000 62,000      
Ending balance at Dec. 31, 2022 828,835 $ 2 $ (1,996) (286) 449,243 381,872
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ 1,470,916         1,470,916
Conversion of preferred stock (in shares) (8,081) 593,000        
Conversion of preferred stock $ 8,081       8,081  
Stock compensation 13,525       13,525  
Repurchase of common stock under Repurchase Program (in shares)   (1,470,000)        
Repurchase of common stock under Repurchase Program (151,626)     286 (151,912)  
Issuance of common stock upon vesting of share-based awards (in shares)   102,000        
Issuance of common stock upon vesting of share-based awards 0       0  
Common stock withheld for income taxes on share-based awards (in shares)   (34,000)        
Common stock withheld for income taxes on share-based awards (3,207)       (3,207)  
Dividends on preferred stock $ (4,844)       (4) (4,840)
Ending balance (in shares) at Dec. 31, 2023 18,300,000 18,288,000 62,000      
Ending balance at Dec. 31, 2023 $ 2,161,680 $ 2 $ (1,996) 0 315,726 1,847,948
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) $ (261,386)         (261,386)
Conversion of preferred stock (in shares) (6,866) 500,000        
Conversion of preferred stock $ 6,866       6,866  
Stock compensation 16,355       16,355  
Repurchase of common stock under Repurchase Program (in shares)   (1,203,000)        
Repurchase of common stock under Repurchase Program (186,271)     0 (186,271)  
Issuance of common stock held in reserve (in shares)   0 62,000      
Issuance of common stock held in reserve 1,996   $ 1,996      
Issuance of common stock upon vesting of share-based awards (in shares)   363,000        
Issuance of common stock upon vesting of share-based awards 0       0  
Common stock withheld for income taxes on share-based awards (in shares)   (150,000)        
Common stock withheld for income taxes on share-based awards (23,614)       (23,614)  
Dividends on preferred stock $ (4,233)       (3) (4,230)
Ending balance (in shares) at Dec. 31, 2024 17,800,000 17,798,000 0      
Ending balance at Dec. 31, 2024 $ 1,711,393 $ 2 $ 0 $ 0 $ 129,059 $ 1,582,332