The weighted average number of common and common equivalent shares used in the calculation of basic and diluted net income per share are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator (in millions):
Net income	$	16.8	$	28.9	$	26.8	$	56.1




Denominator (in thousands):
Average common shares outstanding - basic	19,879		17,703		19,826		17,344
Potentially dilutive shares related to equity-compensation awards	38		60		42		62
Potentially dilutive shares related to 2.25% Convertible Notes	1,974		358		2,246		—

Average common shares outstanding - diluted	21,891		18,121		22,114		17,406

Net income per share (in dollars):
Basic	$	0.85	$	1.63	$	1.35	$	3.23
Diluted	$	0.77	$	1.59	$	1.21	$	3.22


0% Convertible Notes (if-converted) excluded from the diluted calculation because they would have been antidilutive (in thousands)	802		—		259		—