v3.25.2
Earnings per share ("EPS")
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per share ("EPS")

14. Earnings per share ("EPS")

For the three and six months ended June 30, 2025, no adjustments were made to net income for purposes of calculating basic and diluted EPS. The following is a reconciliation of the weighted average shares used in diluted EPS computations.

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(Unaudited, In thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Weighted average common shares-basic

 

 

39,501

 

 

 

38,020

 

 

 

39,317

 

 

 

37,787

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

Unexercised stock options and stock purchase plan

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares-diluted

 

 

39,501

 

 

 

38,020

 

 

 

39,317

 

 

 

37,787

 

 

There were 8.7 million and 7.1 million weighted average outstanding options, time-based restricted stock awards and units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the three months ended June 30, 2025, and 2024, respectively, and 8.4 million and 6.9 million weighted average outstanding options, time-based restricted stock awards and units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the six months ended June 30, 2025, and 2024, respectively, because inclusion of these awards was anti-dilutive, or, for performance-based stock units and market-based stock units, all necessary conditions had not been satisfied by the end of the respective period.