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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Common Stock Held in Reserve
Treasury Stock
Paid-in Capital
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2022   19,097,000 62,000      
Beginning 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) 523,054         523,054
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)  
Stock compensation (in shares)   5,000        
Common stock withheld for income taxes on share-based awards (in shares)   (2,000)        
Common stock withheld for income taxes on share-based awards (287)       (287)  
Dividends on preferred stock (1,307)         (1,307)
Ending balance (in shares) at Mar. 31, 2023   18,643,000 62,000      
Ending balance at Mar. 31, 2023 1,320,162 $ 2 $ (1,996) (487) 419,024 903,619
Beginning balance (in shares) at Dec. 31, 2022   19,097,000 62,000      
Beginning 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) $ 1,225,185          
Conversion of preferred stock (in shares) 6,966          
Ending balance (in shares) at Sep. 30, 2023   18,700,000 62,000      
Ending balance at Sep. 30, 2023 $ 1,980,006 $ 2 $ (1,996) (441) 379,102 1,603,339
Beginning balance (in shares) at Mar. 31, 2023   18,643,000 62,000      
Beginning balance at Mar. 31, 2023 1,320,162 $ 2 $ (1,996) (487) 419,024 903,619
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 93,687         93,687
Conversion of preferred stock (in shares)   431,000        
Conversion of preferred stock 5,836       5,836  
Stock compensation 3,834       3,834  
Repurchase of common stock under Repurchase Program (in shares)   (448,000)        
Repurchase of common stock under Repurchase Program (42,630)     487 (43,117)  
Stock compensation (in shares)   50,000        
Common stock withheld for income taxes on share-based awards (in shares)   (18,000)        
Common stock withheld for income taxes on share-based awards (1,493)       (1,493)  
Dividends on preferred stock (1,280)       (2) (1,278)
Ending balance (in shares) at Jun. 30, 2023   18,658,000 62,000      
Ending balance at Jun. 30, 2023 1,378,116 $ 2 $ (1,996) 0 384,082 996,028
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 608,444         608,444
Conversion of preferred stock (in shares)   81,000        
Conversion of preferred stock 1,130       1,130  
Stock compensation 3,521       3,521  
Repurchase of common stock under Repurchase Program (in shares)   (72,000)        
Repurchase of common stock under Repurchase Program (8,661)     (441) (8,220)  
Stock compensation (in shares)   47,000        
Common stock withheld for income taxes on share-based awards (in shares)   (14,000)        
Common stock withheld for income taxes on share-based awards (1,411)       (1,411)  
Dividends on preferred stock (1,133)         (1,133)
Ending balance (in shares) at Sep. 30, 2023   18,700,000 62,000      
Ending balance at Sep. 30, 2023 $ 1,980,006 $ 2 $ (1,996) (441) 379,102 1,603,339
Beginning balance (in shares) at Dec. 31, 2023 18,300,000 18,288,000 62,000      
Beginning 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) 52,035         52,035
Conversion of preferred stock (in shares)   1,000        
Conversion of preferred stock 11       11  
Stock compensation 3,587       3,587  
Repurchase of common stock under Repurchase Program (in shares)   (210,000)        
Repurchase of common stock under Repurchase Program (29,788)       (29,788)  
Stock compensation (in shares)   18,000        
Common stock withheld for income taxes on share-based awards (in shares)   (8,000)        
Common stock withheld for income taxes on share-based awards (1,086)       (1,086)  
Issuance of common stock held in reserve (in shares)     62,000      
Issuance of common stock held in reserve 1,996   $ 1,996      
Dividends on preferred stock (1,105)         (1,105)
Ending balance (in shares) at Mar. 31, 2024   18,089,000 0      
Ending balance at Mar. 31, 2024 $ 2,187,330 $ 2 $ 0 0 288,450 1,898,878
Beginning balance (in shares) at Dec. 31, 2023 18,300,000 18,288,000 62,000      
Beginning 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) $ 11,856          
Conversion of preferred stock (in shares) 469          
Ending balance (in shares) at Sep. 30, 2024 17,800,000 17,825,000 0      
Ending balance at Sep. 30, 2024 $ 2,056,240 $ 2 $ 0 (469) 200,196 1,856,511
Beginning balance (in shares) at Mar. 31, 2024   18,089,000 0      
Beginning balance at Mar. 31, 2024 2,187,330 $ 2 $ 0 0 288,450 1,898,878
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (26,212)         (26,212)
Conversion of preferred stock (in shares)   30,000        
Conversion of preferred stock 415       415  
Stock compensation 4,990       4,990  
Repurchase of common stock under Repurchase Program (in shares)   (156,000)        
Repurchase of common stock under Repurchase Program (25,017)     (698) (24,319)  
Stock compensation (in shares)   303,000        
Common stock withheld for income taxes on share-based awards (in shares)   (129,000)        
Common stock withheld for income taxes on share-based awards (20,498)       (20,498)  
Dividends on preferred stock (1,095)         (1,095)
Ending balance (in shares) at Jun. 30, 2024   18,137,000 0      
Ending balance at Jun. 30, 2024 2,119,913 $ 2 $ 0 (698) 249,038 1,871,571
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (13,967)         (13,967)
Conversion of preferred stock (in shares)   3,000        
Conversion of preferred stock 43       43  
Stock compensation 3,975       3,975  
Repurchase of common stock under Repurchase Program (in shares)   (343,000)        
Repurchase of common stock under Repurchase Program (50,609)     229 (50,838)  
Stock compensation (in shares)   41,000        
Common stock withheld for income taxes on share-based awards (in shares)   (13,000)        
Common stock withheld for income taxes on share-based awards (2,022)       (2,022)  
Dividends on preferred stock $ (1,093)         (1,093)
Ending balance (in shares) at Sep. 30, 2024 17,800,000 17,825,000 0      
Ending balance at Sep. 30, 2024 $ 2,056,240 $ 2 $ 0 $ (469) $ 200,196 $ 1,856,511