Three Months Ended March 31,

(In thousands, except per share data)

2026

2025

Numerator:

Net income

$

26,744

$

32,339

Denominator:

Weighted average shares - basic

151,847

159,544

Common stock equivalents

1,842

2,522

Weighted average shares - diluted

153,689

162,066

Net income per share - basic

$

0.18

$

0.20

Net income per share - diluted

$

0.17

$

0.20

Antidilutive shares excluded from diluted net income per share:

Restricted stock units

109

5

Non-qualified stock options

12

—

Performance share units

—

325

Total antidilutive shares excluded

121

330