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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

(Dollars in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1,695

 

 

$

(43,218

)

 

$

14,817

 

 

$

(233,300

)

Less: Redeemable preferred stock dividends and accretion

 

 

(8,422

)

 

 

(7,905

)

 

 

(16,712

)

 

 

(15,755

)

Less: European non-controlling redeemable equity dividend

 

 

(25

)

 

 

(26

)

 

 

(38

)

 

 

(46

)

Basic numerator

 

$

(6,752

)

 

$

(51,149

)

 

$

(1,933

)

 

$

(249,101

)

Basic loss per share

 

$

(0.26

)

 

$

(2.00

)

 

$

(0.07

)

 

$

(9.81

)

Weighted average shares outstanding – Basic

 

 

25,974

 

 

 

25,562

 

 

 

25,841

 

 

 

25,403

 

Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1,695

 

 

$

(43,218

)

 

$

14,817

 

 

$

(233,300

)

Less: Redeemable preferred stock dividends and accretion

 

 

(8,422

)

 

 

(7,905

)

 

 

(16,712

)

 

 

(15,755

)

Less: European non-controlling redeemable equity dividend

 

 

(25

)

 

 

(26

)

 

 

(38

)

 

 

(46

)

Diluted numerator

 

$

(6,752

)

 

$

(51,149

)

 

$

(1,933

)

 

$

(249,101

)

Diluted loss per share

 

$

(0.26

)

 

$

(2.00

)

 

$

(0.07

)

 

$

(9.81

)

Weighted average shares outstanding – Basic

 

 

25,974

 

 

 

25,562

 

 

 

25,841

 

 

 

25,403

 

Dilutive effect of common share equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – Diluted

 

 

25,974

 

 

 

25,562

 

 

 

25,841

 

 

 

25,403