v3.26.3
Net Income Per Common Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
12.
Net Income Per Share

Net income per share was computed as follows:

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(in thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

20,908

 

 

$

7,644

 

 

$

42,734

 

 

$

9,653

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

132,534

 

 

 

132,322

 

 

 

132,513

 

 

 

132,322

 

RSUs and PSUs

 

1

 

 

 

—

 

 

 

15

 

 

 

—

 

Basic and diluted

 

132,535

 

 

 

132,322

 

 

 

132,528

 

 

 

132,322

 

Net Income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.16

 

 

$

0.06

 

 

$

0.32

 

 

$

0.07

 

Diluted

$

0.16

 

 

$

0.06

 

 

$

0.32

 

 

$

0.07

 

Anti-dilutive potential common shares excluded

 

266

 

 

 

—

 

 

 

3

 

 

 

—