v3.26.1
Net Income (Loss) Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Net Income (Loss) Per Share
The table below provides a reconciliation of the numerators and denominators of basic and diluted net income (loss) per share for the three months ended March 31, 2026 and 2025 (in thousands, except per share amounts):
Three Months Ended
March 31,
20262025
Numerators:
Net income$1,108 $3,158 
Less: Income attributable to unvested restricted stock awards(38)(114)
Numerator for basic net income per share1,070 3,044 
Effect of dilutive securities:
Unvested restricted stock awards— — 
Numerator for diluted net income per share$1,070 $3,044 
Denominators:
Weighted average number of common shares outstanding59,904 62,049 
Less: Weighted average number of unvested restricted stock awards outstanding(2,119)(1,882)
Denominator for basic net income per share57,785 60,167 
Effect of dilutive securities:
Shares issuable upon conversion of 2026 Notes
529 — 
Performance share units125 — 
Denominator for diluted net income per share58,439 60,167 
Net income per share:
Basic$0.02 $0.05 
Diluted0.02 0.05 
Shares issuable upon conversion of the Company’s 2026 Notes were excluded from three months ended March 31, 2025 due to, among other factors, the Company’s share price.