Stockholders’ Equity (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of accumulated other comprehensive loss ("AOCI")

Changes in accumulated other comprehensive income (loss) (“AOCI”) by component, net of income taxes, for the nine months ended September 30, 2026 were as follows:


	Currency Translation Adjustments		Cash Flow Hedges		Total AOCI
	(in millions)
Balance as of December 31, 2025	$	(7)	$	—	$	(7)
Accumulated other comprehensive income before reclasses, net of taxes of $9 million for cash flow hedges	(1)		26		24
Reclasses from accumulated other comprehensive income, net of taxes	—		(1)		(1)
Balance as of September 30, 2026	$	(8)	$	24	$	16

Schedule of earnings per share

Weighted-Average Common Shares Outstanding


	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025(a)	2026	2025(a)
	(in thousands)
Weighted-average number of common shares outstanding - basic (b)	138,070	144,169	140,819	144,169
Effect of dilutive securities	468	—	363	—
Weighted-average number of common shares outstanding - diluted (b)	138,538	144,169	141,182	144,169

Weighted average antidilutive securities	957	—	1,349	—

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(a) For periods prior to the Separation on January 2, 2026, the computation of basic and diluted earnings per share was calculated using shares of Versant common stock outstanding on the date of the Separation.

(b) Includes Class A and Class B common stock.