v3.26.1
Net and Comprehensive Income per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
Basic and diluted net and comprehensive income per share are as follows (amounts in thousands, except per share data):
Six months endedThree months ended
June 30,June 30,
2026202520262025
Numerator
Net and comprehensive income$41,869 $39,948 $39,646 $35,066 
Denominator—Weighted Average Shares Outstanding
Weighted-average number of common shares outstanding, basic141,218,014 140,536,663 141,466,361 140,709,814 
Effect of dilutive restricted stock (1) (2)
558,339 590,216 341,892 452,496 
Weighted-average number of common shares outstanding, diluted141,776,353 141,126,879 141,808,253 141,162,310 
Net and Comprehensive Income Per Share
Net and comprehensive income per share, basic$0.30 $0.28 $0.28 $0.25 
Net and comprehensive income per share, diluted$0.30 $0.28 $0.28 $0.25 
(1) During the six and three months ended June 30, 2026, 625,453 and 1,044,137 shares of unvested RSUs and dividend equivalents were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive. During the six and three months ended June 30, 2025, 708,491 and 1,006,601 shares of unvested restricted stock and RSUs were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.
(2) During the six and three months ended June 30, 2026, 920,293 PSUs were excluded from the calculation of the effect of dilutive restricted stock because they did not meet the required performance criteria. During the six and three months ended June 30, 2025, 579,489 PSUs were excluded from the calculation of the effect of dilutive restricted stock because they did not meet the required performance criteria.