Three Months Ended

Six Months Ended

June 30,
2025

June 30,
2024

June 30,
2025

June 30,
2024

Numerator:

(in thousands, except share and per share data)

Net income

$

15,487

$

52,228

$

44,779

$

91,244

Denominator:

Basic weighted average shares

81,441,511

81,791,792

81,456,845

81,339,153

Effect of dilutive shares related to stock based compensation1

1,514,702

1,994,430

1,696,943

2,093,715

Effect of dilutive shares related to contingent consideration2

—

94,849

Diluted weighted average shares

82,956,213

83,786,222

83,153,788

83,527,717

Earnings per share:

Basic

$

0.19

$

0.64

$

0.55

$

1.12

Diluted

$

0.19

$

0.62

$

0.54

$

1.09

Anti-dilutive shares:

Shares

747,383

437,997

427,819

275,357

1 Dilutive shares related to stock options, restricted stock, PSUs and Key Employee Awards (Note 14)

2 Dilutive shares related to contingent shares issued to the former owners of BASX (Note 17)