v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Under the two-class method, earnings available to common stockholders for the period are allocated between common stockholders and participating securities according to participation rights in undistributed earnings. Our unvested restricted stock units are not considered participating securities as they do not receive dividend distributions until satisfaction of the related vesting requirements. For the three months ended June 30, 2026 and June 30, 2025, we had 1,602 and 24,579 weighted average anti-dilutive shares, respectively. For the six months ended June 30, 2026 and June 30, 2025, we had 5,297 and 6,856 weighted average anti-dilutive shares, respectively. Anti-dilutive shares were not included in computing diluted earnings per share.

The following table is setting forth the factors used in the earnings per share computation:

Three Months
Ended June 30,
Six Months Ended
June 30,
2026202520262025
(In thousands, except per share amounts)
Income attributable to common stock$34,766 $25,989 $59,989 $51,017 
Weighted average common shares outstanding, basic29,878 30,558 29,847 30,619 
Basic earnings per common share$1.16 $0.85 $2.01 $1.67 
Income attributable to common stock$34,766 $25,989 $59,989 $51,017 
Weighted average common shares outstanding, basic29,878 30,558 29,847 30,619 
Incremental shares from assumed conversion of options and RSUs311 200 337 253 
Weighted average common shares outstanding, diluted30,189 30,758 30,184 30,872 
Diluted earnings per common share$1.15 $0.84 $1.99 $1.65