v3.26.1
Earnings per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share (EPS)
5)
EARNINGS PER SHARE (EPS)

Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from the vesting of outstanding restricted stock awards, restricted stock units, performance stock units and stock options. The following table shows the computation of basic and diluted EPS for the three and six months ended June 30, 2026 and 2025, respectively:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to ACIC common stockholders

$

21,896

 

 

$

26,442

 

 

$

41,150

 

 

$

47,790

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

48,094,148

 

 

 

48,434,446

 

 

 

48,318,586

 

 

 

48,285,665

 

Effect of dilutive securities

 

1,209,141

 

 

 

1,201,642

 

 

 

1,241,169

 

 

 

1,271,217

 

Weighted-average diluted shares

 

49,303,289

 

 

 

49,636,088

 

 

 

49,559,755

 

 

 

49,556,882

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings available to ACIC common stockholders per share

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.46

 

 

$

0.55

 

 

$

0.85

 

 

$

0.99

 

Diluted

$

0.44

 

 

$

0.53

 

 

$

0.83

 

 

$

0.96

 

 

See Note 16 of these Notes to Unaudited Condensed Consolidated Financial Statements for additional information on the stock grants related to dilutive securities.