Basic earnings per share is calculated by dividing the net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing the net income by the weighted average number of common shares and common stock equivalents outstanding for the period determined using the treasury stock method. For purposes of diluted earnings per share calculation, equity awards and employee stock purchase plan rights are considered to be common stock equivalents.


	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2026		2025		2026		2025
Net income - basic and diluted	$	31,500	$	26,666	$	35,137	$	45,653
Weighted average shares outstanding:
Basic		171,603		167,827		171,063		167,321
Effect of potentially dilutive common shares from:
Equity awards		1,213		785		1,786		828
Employee stock purchase plan rights		35		69		41		70
Diluted		172,851		168,681		172,890		168,219

Earnings per share:
Basic	$	0.18	$	0.16	$	0.21	$	0.27
Diluted	$	0.18	$	0.16	$	0.20	$	0.27

Potentially dilutive shares excluded from per share amounts as their effect would have been anti-dilutive		14,930		19,595		13,974		18,707