v3.26.3
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Components of Basic and Diluted EPS Computations

The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):

 

Three Months
Ended September 30,

 

 

Nine Months
Ended September 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

EPS – basic:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income (numerator)

 

$

(23,224

)

 

$

7,985

 

$

(58,874

)

 

$

21,811

 

Weighted average common shares (denominator)

 

 

320,182

 

 

 

306,806

 

 

312,722

 

 

 

305,093

 

Net (loss) income per share

 

$

(0.07

)

 

$

0.03

 

$

(0.19

)

 

$

0.07

 

EPS – diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income (numerator)

 

 

(23,224

)

 

 

7,985

 

 

 

(58,874

)

 

 

21,811

 

Weighted average common shares

 

 

320,182

 

 

 

306,806

 

 

 

312,722

 

 

 

305,093

 

Effect of dilutive securities – common shares issuable

 

 

—

 

 

 

4,832

 

 

—

 

 

 

8,246

 

Adjusted weighted average common shares (denominator)

 

 

320,182

 

 

 

311,638

 

 

312,722

 

 

 

313,339

 

Net (loss) income per share

 

$

(0.07

)

 

$

0.03

 

$

(0.19

)

 

$

0.07