v3.26.1
Earnings per share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
Basic earnings per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the applicable period. Diluted earnings per share is computed by dividing net income by the total of the weighted average number of shares of common stock outstanding during the applicable period, plus the effect of non-vested performance share awards and restricted stock units, as well as potentially issuable shares pursuant to FSAs using the treasury stock method. Net income was the same for both the basic and diluted earnings per share calculations. A reconciliation of the weighted average common shares outstanding used in the basic and diluted earnings per share calculations follows:
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
(In thousands, except per share amounts)
Weighted average common shares outstanding - basic209,630 204,331 207,545 204,237 
Effect of dilutive performance share awards and restricted stock units2,033 880 1,797 849 
Weighted average common shares outstanding - diluted211,663 205,211 209,342 205,086 
Earnings per share - basic:
Income from continuing operations$.09 $.07 $.48 $.47 
Discontinued operations, net of tax.01 — .01 — 
Earnings per share - basic$.10 $.07 $.49 $.47 
Earnings per share - diluted:
Income from continuing operations$.09 $.07 $.48 $.47 
Discontinued operations, net of tax.01 — .01 — 
Earnings per share - diluted$.10 $.07 $.49 $.47 
Shares excluded from the calculation of diluted earnings per share— — 25 — 
Dividends declared per common share$.14 $.13 $.28 $.26