v3.26.1
Earnings Per Share ("EPS")
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
5.
Earnings Per Share (“EPS”)

Basic EPS is calculated based on income available to holders of the Company’s common stock (“Common Stock”) and the weighted average number of shares outstanding during the reported period. Diluted EPS includes additional dilution from potential Common Stock issuable pursuant to the Company's stock-based compensation plans.

The following table sets forth a reconciliation of the weighted average number of shares of Common Stock outstanding to the weighted average number of shares outstanding on a diluted basis:

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Weighted average common shares outstanding - basic

 

236.7

 

 

 

244.7

 

 

 

236.6

 

 

 

245.2

 

Dilutive effect of stock awards

 

1.5

 

 

 

1.7

 

 

 

1.6

 

 

 

2.0

 

Weighted average common shares outstanding - diluted

 

238.2

 

 

 

246.4

 

 

 

238.2

 

 

 

247.2

 

Antidilutive stock awards outstanding

 

3.1

 

 

 

2.1

 

 

 

3.1

 

 

 

2.1