v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share, Basic [Abstract]  
Reconciliation of Basic and Diluted Shares Amounts

A reconciliation of basic and diluted weighted average shares outstanding is as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(Amounts in thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

5,008

 

 

$

14,866

 

 

$

13,341

 

 

$

20,696

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing net income per share – basic

 

 

56,418

 

 

 

56,234

 

 

 

56,387

 

 

 

56,179

 

Effect of dilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

Options and stock units

 

 

220

 

 

 

276

 

 

 

274

 

 

 

330

 

Dilutive potential common shares

 

 

220

 

 

 

276

 

 

 

274

 

 

 

330

 

Denominator for diluted earnings per share - adjusted
     weighted average shares used in computing earnings per share - diluted

 

 

56,638

 

 

 

56,510

 

 

 

56,661

 

 

 

56,509

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.09

 

 

$

0.26

 

 

$

0.24

 

 

$

0.37

 

Diluted

 

$

0.09

 

 

$

0.26

 

 

$

0.24

 

 

$

0.37

 

 

Summary of Company's Potential Common Shares Excluded from the Computation of Diluted Earnings or Loss Per Share

The Company has excluded the following potential common shares from the computation of diluted earnings or loss per share, as the inclusion would be anti-dilutive:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(Amounts in thousands)

 

Options and stock units (1)

 

 

614

 

 

 

654

 

 

 

576

 

 

 

605

 

Total

 

 

614

 

 

 

654

 

 

 

576

 

 

 

605

 

(1) Inclusive of performance stock units.