v3.26.1
NET INCOME PER COMMON SHARE
6 Months Ended
Jun. 30, 2026
NET INCOME PER COMMON SHARE  
NET INCOME PER COMMON SHARE

NOTE 6—NET INCOME PER COMMON SHARE

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would share in the net income of the Company. For the three and six months ended June 30, 2026, 1.0 million and 1.2 million RSUs, respectively, and for the three and six months ended June 30, 2025, 0.8 million and 1.9 million RSUs, respectively, have not been considered in the diluted earnings per share calculation, as the effect would be anti-dilutive.      

The following table sets forth the computation of basic and diluted earnings per share:

Three Months Ended June 30,

Six Months Ended June 30,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Basic:

Net income

$

3,298

$

2,183

$

6,014

$

3,671

Weighted average common shares

 

48,058

 

48,274

 

47,902

 

48,322

Earnings per share

$

0.07

$

0.05

$

0.13

$

0.08

Diluted:

Net income

$

3,298

$

2,183

$

6,014

$

3,671

Basic weighted average common shares

 

48,058

 

48,274

 

47,902

 

48,322

Potential common shares

 

1,782

 

1,855

 

2,106

 

1,868

Diluted weighted average common shares

 

49,840

 

50,129

 

50,008

 

50,190

Diluted earnings per share

$

0.07

$

0.04

$

0.12

$

0.07