Basic earnings per share of Company Common Stock is calculated by dividing the net income attributable to the Company during the period by the weighted average number of shares of Company Common Stock outstanding during the same period. Diluted earnings per share, if dilutive, includes the incremental effect of issuable shares from stock awards, as determined using the treasury stock method.

As a result of the Merger, as discussed in Note 1. Summary of Business, all historical per share data, number of shares and numbers of issuable shares from stock awards were retroactively adjusted. The following table summarizes the basic and diluted earnings per share calculations:


	Three months ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Numerator:
Net income (in thousands)	$	15,345	$	9,534	$	30,102	$	25,951
Denominator:
Basic weighted average number of shares outstanding		68,943,387		30,978,880		69,115,786		30,978,604
Dilutive effect of equity awards		204,070		1,337,622		214,812		1,324,161
Diluted weighted average number of shares		69,147,457		32,316,502		69,330,598		32,302,765
Income per share:
Basic	$	0.22	$	0.31	$	0.44	$	0.84
Diluted	$	0.22	$	0.30	$	0.43	$	0.80
Potentially dilutive shares excluded as anti-dilutive		19,341		89,684		9,555		89,684