Basic earnings per share is computed by dividing net income (loss) attributable to common stockholders by the weighted-average common shares outstanding for the period. Diluted earnings per share is computed by dividing the net income (loss) attributable to stockholders by the weighted-average number of shares and dilutive potential common shares during the period.


	THREE MONTHS ENDED JUNE 30,				SIX MONTHS ENDED JUNE 30,
	2025		2024		2025		2024
	(In thousands, except per share and share data)
Net income (loss) available to common shareholders	$	(1,968)	$	(12,574)	$	2,775	$	(17,257)
Basic weighted-average common shares outstanding(a)	160,916,057		160,505,223		160,955,936		160,014,746
Basic earnings per common share	$	(0.01)	$	(0.08)	$	0.02	$	(0.11)

Diluted earnings per share
Net income (loss) available to common shares	$	(1,968)	$	(12,574)	$	2,775	$	(17,257)
Basic weighted-average common shares outstanding	160,916,057		160,505,223		160,955,936		160,014,746
Dilutive potential common shares(b)	—		—		645,088		—
Diluted weighted-average common shares outstanding	160,916,057		160,505,223		161,601,024		160,014,746
Diluted earnings per common share	$	(0.01)	$	(0.08)	$	0.02	$	(0.11)

(a) The three- and six- months ended June 30, 2025, the Company repurchased 1,793,279 shares of its common stock under the stock repurchase program authorized by the Company's Board of Directors on April 11, 2025. The program authorizes the Company to repurchase up to $100,000 of its common stock.

(b) The three-months period ended June 30, 2025 and three- and six-months period ended June 30, 2024, the Company excluded potentially dilutive securities from the calculation of diluted earnings per share that could potentially dilute earnings per share in the future because of the anti-dilutive effect of the reported net loss.