OMH has two classes of authorized capital stock: preferred stock and common stock. OMFC has two classes of authorized capital stock: special stock and common stock. OMH and OMFC may issue preferred stock and special stock, respectively, in one or more series. The OMH Board of Directors and the OMFC Board of Directors determine the dividend, liquidation, redemption, conversion, voting, and other rights prior to issuance.


	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024

Balance at beginning of period	119,281,560	119,877,252	119,360,509	119,757,277
Common stock issued	15,470	11,572	239,384	223,274
Common stock repurchased	(459,597)	(151,538)	(782,773)	(260,223)
Treasury stock issued	19,555	20,805	39,868	37,763

Balance at end of period	118,856,988	119,758,091	118,856,988	119,758,091

The computation of earnings per share was as follows:



	Three Months Ended June 30,				Six Months Ended June 30, 2025
(dollars in millions, except per share data)	2025		2024		2025		2024

Numerator (basic and diluted):
Net income	$	167	$	71	$	380	$	225
Denominator:
Weighted average number of shares outstanding (basic)	118,953,510		119,787,550		119,176,259		119,808,362
Effect of dilutive securities *	439,309		397,631		505,007		406,563
Weighted average number of shares outstanding (diluted)	119,392,819		120,185,181		119,681,266		120,214,925
Earnings per share:
Basic	$	1.40	$	0.59	$	3.19	$	1.88
Diluted	$	1.40	$	0.59	$	3.18	$	1.87

* We have excluded weighted-average unvested restricted stock units totaling 920,270 and 706,042 for the three months ended June 30, 2025 and 2024, respectively, and 838,208 and 701,837 for the six months ended June 30, 2025 and 2024, respectively, from the fully-diluted earnings per share calculations as these shares would be anti-dilutive, which could impact the earnings per share calculation in the future.

Basic earnings per share is computed by dividing net income by the weighted-average number of shares outstanding during each period. Diluted earnings per share is computed based on the weighted-average number of shares outstanding plus the effect of potentially dilutive shares outstanding during the period using the treasury stock method. The potentially dilutive shares represent outstanding unvested restricted stock units.