v3.26.1
NET INCOME (LOSS) PER COMMON SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER COMMON SHARE NET INCOME (LOSS) PER COMMON SHARE
Basic net income (loss) per common share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the reporting period. The following table sets forth the computation of basic and diluted net income (loss) per common share:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income (loss)$21,160 $(116,202)$83,326 $(117,294)
Net income (loss) per common share - basic $0.54 $(3.02)$2.14 $(3.06)
Net income (loss) per common share - diluted $0.53 $(3.02)$2.11 $(3.06)
Weighted average common shares outstanding - basic39,021 38,414 38,962 38,363 
Plus dilutive effect of potential common shares711 — 541 — 
Weighted average common shares outstanding - diluted39,732 38,414 39,503 38,363 
Anti-dilutive potential common shares excluded from diluted weighted average common shares outstanding
109 157 343 110 
The dilutive effect of potential shares and anti-dilutive potential common shares primarily includes outstanding share-based awards, which consists of restricted stock units, performance restricted stock units, and obligations under the Company’s employee stock purchase plan (the “ESPP”).