Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in thousands except per share data)

Net income

$

14,032

$

6,807

$

21,826

$

2,009

Weighted average shares outstanding:

Basic

132,527

132,322

132,502

132,322

RSUs and PSUs

4

—

12

—

Basic and diluted

132,531

132,322

132,514

132,322

Income per common share

Basic

$

0.11

$

0.05

$

0.16

$

0.02

Diluted

$

0.11

$

0.05

$

0.16

$

0.02

Anti-dilutive potential common shares excluded

3

—

1

—