Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. The calculation of diluted earnings per common share includes the dilutive effects for the assumed vesting of outstanding stock-based awards and settlement of prepaid stock purchase contracts, which were issued as part of the Company's February 2026 issuance of tangible equity units. See Note (13) "Common Stock and Tangible Equity Unit Public Offerings" for further discussion of the prepaid stock purchase contracts, which are assumed to be outstanding at the minimum settlement rate of 0.2171 shares per prepaid stock purchase contract in determining weighted-average shares for basic EPS. Additional shares are included in determining weighted-average shares for diluted EPS based on the imputed settlement rate utilizing the volume weighted-average price of the Company's common stock during the period not to exceed 0.2660 shares per prepaid stock purchase contract, if dilutive. The antidilutive common stock equivalents excluded from the diluted per share calculation are not material.


	Three months ended March 31,
		2026	2025
Effect of basic shares:
Common shares outstanding		26,276,384	20,617,949
Prepaid stock purchase contracts at minimum settlement rate		1,220,826	—
Basic weighted average common shares outstanding		27,497,210	20,617,949

Effect of dilutive shares:
Restricted stock awards		134,874	122,370
Prepaid stock purchase contracts at volume weighted-average price		202,391	—
Total dilutive shares		337,265	122,370
Diluted weighted average common shares outstanding		27,834,475	20,740,319