v3.26.1
Net income (loss) from continuing operations per common share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net income (loss) from continuing operations per common share Net income (loss) from continuing operations per common share
Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock during the reporting period. Diluted earnings per share is calculated using the weighted average number of shares of common stock plus the potentially dilutive effect of common equivalent shares outstanding determined under the treasury stock method. In periods when we have a net loss, common stock equivalents are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect.
The following table presents computations of basic and diluted earnings per share:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands, except share and earnings per share data)2026202520262025
Basic and diluted earnings (loss) per common share
Numerator:
Net income (loss) from continuing operations$45,104 $(15,321)$46,290 $(15,050)
Denominator:
Weighted-average common shares issued and outstanding - Basic48,866,82247,798,14648,663,80747,468,266
Effect of dilutive securities427,857 — 595,721 — 
Weighted-average common shares issued and outstanding - Diluted49,294,679 47,798,146 49,259,528 47,468,266 
Net income (loss) per share from continuing operations
Basic$0.92 $(0.32)$0.95 $(0.31)
Diluted$0.91 $(0.32)$0.94 $(0.31)
Anti-dilutive shares26,583702,92712,122944,455