v3.26.1
Earnings per share (EPS)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per share (EPS)

14. Earnings per share (EPS)

For the three and six months ended June 30, 2026, no adjustments were made to net income for purposes of calculating basic and diluted EPS under the treasury stock method. The following is a reconciliation of the weighted average shares used in diluted EPS computations.

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(Unaudited, In thousands)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Weighted average common shares-basic

 

 

40,906

 

 

 

39,501

 

 

 

40,677

 

 

 

39,317

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

Unexercised stock options and stock purchase plan

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares-diluted

 

 

40,906

 

 

 

39,501

 

 

 

40,677

 

 

 

39,317

 

 

There were 9.0 million and 8.7 million weighted average outstanding options, time-based restricted stock units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the three months ended June 30, 2026, and 2025, respectively, and 8.6 million and 8.4 million weighted average outstanding options, time-based restricted stock units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the six months ended June 30, 2026, and 2025, respectively, because either (i) inclusion of these awards was anti-dilutive, or (ii) for performance-based stock units and market-based stock units, all necessary conditions had not been satisfied by the end of the respective period.