| Schedule of Reconciliation of Basic EPS and Diluted EPS |
The following table is a reconciliation of basic EPS and diluted EPS: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | June 30, 2026 | | June 30, 2025 | | Basic | | Fully Diluted | | Basic | | Fully Diluted | | (Dollars in Thousands, Except Per Share Amounts) | | Numerator: | | | | | | | | | Net income | $ | 64,426 | | | $ | 64,426 | | | $ | 22,026 | | | $ | 22,026 | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average shares outstanding | 83,816,086 | | | 83,816,086 | | | 89,104,605 | | | 89,104,605 | | | Effect of dilutive securities | — | | | 123,344 | | | — | | | 508,176 | | | Adjusted weighted average shares outstanding | 83,816,086 | | | 83,939,430 | | | 89,104,605 | | | 89,612,781 | | | | | | | | | | | EPS | $ | 0.77 | | | $ | 0.77 | | | $ | 0.25 | | | $ | 0.25 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | June 30, 2026 | | June 30, 2025 | | Basic | | Fully Diluted | | Basic | | Fully Diluted | | (Dollars in Thousands, Except Per Share Amounts) | | Numerator: | | | | | | | | | Net (loss) income | $ | 110,643 | | | $ | 110,643 | | | $ | 41,126 | | | $ | 41,126 | | | | | | | | | | | Denominator: | | | | | | | | | Weighted average shares outstanding | 83,816,086 | | | 83,816,086 | | | 89,104,060 | | | 89,104,060 | | | Effect of dilutive securities | — | | | 105,346 | | | — | | | 486,207 | | | Adjusted weighted average shares outstanding | 83,816,086 | | | 83,921,432 | | | 89,104,060 | | | 89,590,267 | | | | | | | | | | | EPS | $ | 1.32 | | | $ | 1.32 | | | $ | 0.46 | | | $ | 0.46 | | |
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