The following table sets forth the computation of basic and diluted net earnings per share for the three and six months ended June 30, 2026 and 2025:


	Three months ended June 30,				Six months ended June 30,
($ in thousands, except for share and per share amounts)	2026		2025		2026		2025
Numerator
Net income	$	49,038	$	38,839	$	98,769	$	80,897




Denominator
Basic weighted-average common shares	44,521,162		40,445,391		44,492,608		40,322,051



Dilutive effect of stock units	687,512		893,067		555,233		940,951
Dilutive effect of options	483,967		533,038		478,392		508,213
Diluted weighted-average common share equivalents	45,692,641		41,871,496		45,526,233		41,771,215
Basic earnings per share	$	1.10	$	0.96	$	2.22	$	2.01
Diluted earnings per share	$	1.07	$	0.93	$	2.17	$	1.94

The following table presents anti-dilutive instruments that were excluded from the calculation of diluted weighted-average common share equivalents during the three and six months ended June 30, 2026 and 2025:


	Three months ended June 30,		Six months ended June 30,
	2026	2025	2026	2025


Stock units	348,788	49,540	344,753	109,359
Options	179	868	220	834