v3.26.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share  
Schedule of computations of basic and diluted EPS

The computations of the numerator (earnings or loss) and denominator (shares) to derive the basic and diluted earnings per share (“EPS”) amounts presented on the face of the accompanying condensed consolidated statements of operations are as follows (in thousands, except per share amounts):

Three Months Ended

Three Months Ended

March 31, 2026

March 31, 2025

  ​ ​ ​

Income

  ​ ​ ​

Shares

  ​ ​ ​

Income

  ​ ​ ​

Shares

Basic:

 

  ​

 

  ​

 

  ​

 

  ​

Net income (loss)

$

(13,406)

 

$

3,072

 

  ​

Less: Undistributed earnings allocated to participating securities

 

 

(2)

 

  ​

Net income (loss) available to common shareholders, basic

$

(13,406)

147,163

$

3,070

 

151,039

Earnings (loss) per share, basic

$

(0.09)

$

0.02

Diluted:

 

  ​

  ​

 

  ​

 

  ​

Net income (loss) available to common shareholders, basic

$

(13,406)

147,163

$

3,070

 

151,039

Effect of dilutive securities:

 

  ​

  ​

 

  ​

 

  ​

Share-based awards other than participating securities

 

 

 

1,135

Net income (loss) available to common shareholders, diluted

$

(13,406)

147,163

$

3,070

 

152,174

Earnings (loss) per share, diluted

$

(0.09)

$

0.02

Schedule of shares excluded from diluted EPS calculation Shares that otherwise would have been included in the diluted per share calculations assuming we had earnings are as follows (in thousands):

Three Months Ended

  ​ ​ ​

March 31, 2026

Diluted shares (as reported)

 

147,163

Share-based awards

 

629

Total

 

147,792