v3.26.1
NET INCOME PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of numerator and the denominator of the basic and diluted The following tables reconcile the numerator and the denominator of the basic and diluted net income per share computation (in thousands, except for per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income
$116,372 $180,568 $191,701 $296,170 
Weighted-average shares outstanding:
Basic25,831 25,917 25,776 25,829 
Dilutive effect of stock options and RSUs
895 1,035 966 1,154 
Dilutive effect of warrants
3,865 2,982 3,995 2,901 
Dilutive effect of convertible securities
3,669 3,791 4,033 3,731 
Diluted34,260 33,725 34,770 33,615 
Earnings per share:
Basic$4.51 $6.97 $7.44 $11.47 
Dilutive effect of stock options and RSUs(0.12)(0.22)(0.22)(0.40)
Dilutive effect of warrants
(0.51)(0.62)(0.85)(0.99)
Dilutive effect of convertible securities
(0.48)(0.78)(0.86)(1.27)
Diluted$3.40 $5.35 $5.51 $8.81 
Schedule of excluded from our computation of EPS Set forth below are the securities and the weighted-average number of shares of common stock underlying such securities that were excluded from our computation of EPS for the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Warrants2,123 2,980 1,991 3,058