v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Net Income Used in Calculating EPS
A reconciliation of reported net income to net income used in calculating EPS as well as a reconciliation from basic to diluted shares follows:
Three Months Ended March 31,
20262025
(in thousands)
Net income (loss) (numerator):
Net income (loss)$(93,764)$7,730 
Income attributable to unvested shares(172)(98)
Numerator for basic(93,936)7,632 
Income attributable to unvested shares — 
Numerator for dilutive$(93,936)$7,632 
Weighted average shares (denominator):
Basic weighted average shares outstanding104,258103,758
Effect of dilutive securities 27
Diluted weighted average shares outstanding104,258103,785
Stock options and unvested restricted stock grants excluded from dilutive calculation because they would be antidilutive4,2381,330