Basic net income per common share is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per common share is calculated by dividing net income by the weighted average number of common and potential common shares outstanding during the period. Potential common shares consist of outstanding restricted stock and is calculated using the treasury stock method.

The calculation of shares used in the basic and diluted net income per common share calculation for the three and six months ended June 30, 2025 and 2024 is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Weighted average number of common shares outstanding		84,797		83,332		84,653		83,074
Weighted average number of dilutive common share equivalents(a)		732		—		864		—
Weighted average number of common and common equivalent shares outstanding		85,529		83,332		85,517		83,074
Antidilutive restricted stock not included in the diluted net income per common share calculation		325		916		168		661

(a) Due to a loss for the three and six months ended June 30, 2024, 0.1 million and 0.3 million incremental shares, respectively, are not included because the effect would be antidilutive.