v3.26.1
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Components of Basic and Diluted EPS Computations

The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):

 

Three Months
Ended June 30,

 

 

Six Months
Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

EPS – basic:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income (numerator)

 

$

(19,032

)

 

$

668

 

$

(35,651

)

 

$

13,826

 

Weighted average common shares (denominator)

 

 

309,191

 

 

 

304,954

 

 

308,732

 

 

 

304,222

 

Net (loss) income per share

 

$

(0.06

)

 

$

0.00

 

$

(0.12

)

 

$

0.05

 

EPS – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income (numerator)

 

 

(19,032

)

 

 

668

 

 

 

(35,651

)

 

 

13,826

 

Weighted average common shares

 

 

309,191

 

 

 

304,954

 

 

 

308,732

 

 

 

304,222

 

Effect of dilutive securities – common shares issuable

 

 

 

 

 

6,530

 

 

 

 

 

8,159

 

Adjusted weighted average common shares (denominator)

 

 

309,191

 

 

 

311,484

 

 

308,732

 

 

 

312,381

 

Net (loss) income per share

 

$

(0.06

)

 

$

0.00

 

$

(0.12

)

 

$

0.04