Earnings Per Share (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Earnings Per Share [Abstract] |
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| Schedule of Potentially Dilutive Outstanding Securities Excluded From Computation of Diluted Weighted Average Common Shares |
The following potentially dilutive outstanding securities were excluded from the computation of diluted weighted average common shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive or the conditions to issue such shares were not achieved as of June 30, 2026 and 2025, respectively:
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For the Three Months Ended June 30, |
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For the Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Stock options |
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113,490 |
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113,490 |
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113,490 |
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119,599 |
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Restricted stock awards and units |
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157,091 |
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812,780 |
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705,745 |
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611,258 |
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Contingently issuable shares |
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1,352,348 |
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1,085,413 |
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1,212,242 |
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1,103,156 |
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Total potentially dilutive securities |
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1,622,929 |
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2,011,683 |
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2,031,477 |
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1,834,013 |
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| Schedule of Earnings Per Share Computations |
Below is a summary of the earnings per share computations:
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For the Three Months Ended June 30, |
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2026 |
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2025 |
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Earnings per share – basic |
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$ |
0.40 |
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$ |
0.19 |
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Earnings per share – diluted |
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$ |
0.40 |
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$ |
0.19 |
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Weighted average shares of common stock outstanding – basic |
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49,115,835 |
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49,187,885 |
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Weighted average shares of common stock outstanding – diluted |
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49,778,028 |
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49,470,677 |
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For the Six Months Ended June 30, |
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2026 |
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2025 |
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Earnings per share – basic |
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$ |
0.70 |
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$ |
0.33 |
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Earnings per share – diluted |
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$ |
0.69 |
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$ |
0.33 |
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Weighted average shares of common stock outstanding – basic |
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48,986,953 |
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48,831,265 |
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Weighted average shares of common stock outstanding – diluted |
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49,418,278 |
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49,162,653 |
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| Schedule of Shares Included in the Diluted Earnings Per Share Computations |
Below is a summary of the shares included in the diluted earnings per share computations:
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For the Three Months Ended June 30, |
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2026 |
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2025 |
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Weighted average shares of common stock outstanding – basic |
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49,115,835 |
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49,187,885 |
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Stock options and ESPP shares |
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25,409 |
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95,179 |
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Restricted stock awards and units |
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440,358 |
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40,259 |
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Contingently issuable shares |
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196,426 |
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147,354 |
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Weighted average shares of common stock outstanding – diluted |
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49,778,028 |
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49,470,677 |
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For the Six Months Ended June 30, |
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2026 |
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2025 |
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Weighted average shares of common stock outstanding – basic |
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48,986,953 |
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48,831,265 |
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Stock options and ESPP shares |
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20,593 |
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104,019 |
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Restricted stock awards and units |
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260,401 |
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85,157 |
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Contingently issuable shares |
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150,331 |
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142,212 |
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Weighted average shares of common stock outstanding – diluted |
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49,418,278 |
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49,162,653 |
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