Basic earnings per share are calculated by dividing net income by the weighted-average shares of common stock outstanding during the period. Diluted earnings per share are calculated by dividing net income by the weighted-average shares of common stock and dilutive common equivalent shares outstanding during the period. Dilutive common equivalent shares included in this calculation consist of the assumed vesting of outstanding restricted stock units, the assumed issuance of awards under the stock purchase plan, and contingently issuable performance-based awards, as computed using the treasury stock method.


	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share amounts)	2026		2025		2026		2025
Basic earnings per share:
Net income	$	9,833	$	1,369	$	13,133	$	10,159
Weighted-average common shares	55,748		56,274		55,627		56,571
Basic earnings per share	$	0.18	$	0.02	$	0.24	$	0.18
Diluted earnings per share: (1)
Net income	$	9,833	$	1,369	$	13,133	$	10,159
Weighted-average common shares	55,748		56,274		55,627		56,571
Effect of dilutive awards:
Employee stock plans	948		113		708		216
Diluted weighted-average common shares	56,696		56,387		56,335		56,787
Diluted earnings per share	$	0.17	$	0.02	$	0.23	$	0.18

(1)The Company includes the shares underlying performance-based awards in the calculation of diluted earnings per share if the performance conditions have been satisfied as of the end of the reporting period and excludes such shares when the necessary conditions have not been met. The Company has excluded the shares underlying the outstanding performance-based awards in the 2026 and 2025 calculations as the shares were not contingently issuable as of the end of the reporting period.