v3.26.1
Stockholders' Equity
6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders’ Equity
Preferred Stock
The Company is authorized to issue 15,000 shares of preferred stock, par value $0.01. As of June 30, 2026 and December 31, 2025, no shares of preferred stock were outstanding.
Stock Repurchase Program
On March 31, 2020, the Company’s Board of Directors authorized a share repurchase program to repurchase up to $350,000 of the Company’s Class A Common Stock. The program was re-authorized by the Company’s Board of Directors on March 29, 2023. Under the authorization, shares of Class A Common Stock may be purchased from time to time in open market or private transactions, block trades or such other manner as the Company may determine, in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. During the six months ended June 30, 2026, the Company did not engage in any share repurchase activities under its share repurchase program. As of June 30, 2026, the Company had approximately $300,000 remaining available for repurchases of the Company’s Class A Common Stock.
Accumulated Other Comprehensive Loss
The following tables detail the components of accumulated other comprehensive loss:
Pension Plans and
Postretirement
Plan
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance as of December 31, 2025$(6,854)$6,072 $(782)
Other comprehensive loss:
Other comprehensive income (loss) before reclassifications— (111)(111)
Amounts reclassified from accumulated other comprehensive loss (a)(372)— (372)
Income tax benefit96 28 124 
Other comprehensive loss, total(276)(83)(359)
Balance as of March 31, 2026$(7,130)$5,989 $(1,141)
Other comprehensive loss:
Other comprehensive income (loss) before reclassifications— (104)(104)
Amounts reclassified from accumulated other comprehensive loss (a)(372)— (372)
Income tax benefit95 27 122 
Other comprehensive loss, total(277)(77)(354)
Balance as of June 30, 2026$(7,407)$5,912 $(1,495)
Pension Plans and
Postretirement
Plan
Cumulative
Translation
Adjustments
Accumulated
Other
Comprehensive
Loss
Balance as of December 31, 2024$(5,877)$(1,631)$(7,508)
Other comprehensive (loss) income:
Other comprehensive income before reclassifications— 1,941 1,941 
Amounts reclassified from accumulated other comprehensive loss (a)(233)— (233)
Income tax benefit62 215 277 
Other comprehensive (loss) income, total(171)2,156 1,985 
Balance as of March 31, 2025$(6,048)$525 $(5,523)
Other comprehensive (loss) income:
Other comprehensive income before reclassifications— 2,546 2,546 
Amounts reclassified from accumulated other comprehensive loss (a)(234)6,175 5,941 
Income tax benefit (expense)63 (3,061)(2,998)
Other comprehensive (loss) income, total(171)5,660 5,489 
Balance as of June 30, 2025$(6,219)$6,185 $(34)
______________
(a)    Amounts reclassified from accumulated other comprehensive loss represent the amortization of net actuarial loss and net unrecognized prior service credit included in net periodic benefit cost, which is reflected under Other expense, net in the accompanying condensed consolidated statements of operations (see Note 11. Pension Plans and Other Postretirement Benefit Plan).

Computation of (loss) earnings per-share

During the three and six months ended June 30, 2026, shares issuable under share-based compensation plans and the 3.50% Convertible Senior Notes were excluded from the calculation because their effect would have been anti-dilutive.

See Note 12. Share-based Compensation for details on anti-dilutive shares.
The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings per share attributable to the Company’s stockholders for the three and six months ended June 30, 2025.
Three Months EndedSix Months Ended
June 30,June 30,
20252025
Weighted-average shares (denominator):
Weighted-average shares for basic EPS36,28336,196
Dilutive effect of shares issuable under share-based compensation plans1,279 1,383 
      3.50% Convertible Senior Notes (Note 10)
7,286 7,286 
Weighted-average shares for diluted EPS44,848 44,865