v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following tables set forth the computation of basic and diluted earnings per share:
Three months ended June 30,Six months ended June 30,
2026202520262025
(In thousands, except share data)
Net income$40,635 $54,775 $74,743 $92,824 
Weighted average common shares outstanding — basic51,538,729 57,255,841 52,938,352 57,319,814 
Effect of dilutive securities218,336 457,270 292,270 512,116 
Weighted average common shares outstanding — diluted51,757,065 57,713,111 53,230,622 57,831,930 
Earnings per common share — basic$0.79 $0.96 $1.41 $1.62 
Earnings per common share — diluted$0.79 $0.95 $1.40 $1.61 
For the three and six months ended June 30, 2026 and 2025, basic and diluted earnings per share were calculated using the treasury method. Equity awards outstanding to purchase or receive 1.1 million and 0.9 million shares of common stock were excluded from diluted earnings per share for the three months ended June 30, 2026 and 2025, respectively, since their effect was anti-dilutive. Equity awards outstanding to purchase or receive 1.1 million and 1.0 million shares of common stock were excluded from diluted earnings per share for the six months ended June 30, 2026 and 2025, respectively, since their effect was anti-dilutive.