| Schedule of Computation of Basic and Diluted Earnings Per Share |
The following table sets forth the computation of basic and diluted earnings per share for the three- and six-month periods ended June 30, 2026 and 2025 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months
Ended June 30, |
|
|
For the Six Months
Ended June 30, |
|
Basic |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Net income (loss) |
|
$ |
(2,009 |
) |
|
$ |
12,807 |
|
|
$ |
11,076 |
|
|
$ |
24,849 |
|
Weighted average shares outstanding |
|
|
136,250 |
|
|
|
133,647 |
|
|
|
135,961 |
|
|
|
132,925 |
|
Earnings (loss) per share - basic |
|
$ |
(0.01 |
) |
|
$ |
0.10 |
|
|
$ |
0.08 |
|
|
$ |
0.19 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months
Ended June 30, |
|
|
For the Six Months
Ended June 30, |
|
Diluted |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Net income (loss) |
|
$ |
(2,009 |
) |
|
$ |
12,807 |
|
|
$ |
11,076 |
|
|
$ |
24,849 |
|
Average shares |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average shares outstanding |
|
|
136,250 |
|
|
|
133,647 |
|
|
|
135,961 |
|
|
|
132,925 |
|
Effect of dilutive securities - stock-based compensation |
|
|
— |
|
|
|
3,250 |
|
|
|
929 |
|
|
|
3,046 |
|
Total weighted average diluted shares outstanding |
|
|
136,250 |
|
|
|
136,897 |
|
|
|
136,890 |
|
|
|
135,971 |
|
Earnings (loss) per share - diluted |
|
$ |
(0.01 |
) |
|
$ |
0.09 |
|
|
$ |
0.08 |
|
|
$ |
0.18 |
|
|