| Net (Loss) Income per Common Share |
2. Net (Loss) Income per Common Share
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Three Months Ended September 30, |
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Nine Months Ended September 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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(In Thousands, Except Per Share Amounts) |
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Numerator: |
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Net income |
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$ |
16,347 |
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$ |
7,115 |
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$ |
29,843 |
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$ |
8,481 |
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Numerator for basic and diluted net
income per common share |
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$ |
16,347 |
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$ |
7,115 |
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$ |
29,843 |
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$ |
8,481 |
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Denominator: |
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Denominator for basic net income per common
share - adjusted weighted-average shares |
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72,501 |
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71,963 |
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72,341 |
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71,904 |
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Effect of dilutive securities: |
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Unvested restricted stock and stock units |
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803 |
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510 |
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852 |
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345 |
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Dilutive potential common shares |
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803 |
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510 |
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852 |
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345 |
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Denominator for diluted net income per common
share - adjusted weighted-average shares |
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73,304 |
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72,473 |
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73,193 |
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72,249 |
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Basic net income per common share |
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$ |
0.23 |
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$ |
0.10 |
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$ |
0.41 |
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$ |
0.12 |
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Diluted net income per common share |
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$ |
0.22 |
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$ |
0.10 |
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$ |
0.41 |
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$ |
0.12 |
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The following securities were not included in the computation of diluted net income per common share as their effect would have been antidilutive:
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Three Months Ended September 30, |
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Nine Months Ended September 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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Restricted stock and stock units |
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919,936 |
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246,449 |
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701,509 |
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962,939 |
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919,936 |
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246,449 |
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701,509 |
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962,939 |
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