| Schedule of Components of Basic and Diluted Earnings Per Share |
The components of basic and diluted earnings per share are as follows (in thousands, except share and per share data):
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator for basic and diluted net income per common share: | | | | | | | | Net (loss) income from continuing operations | $ | (28,692) | | | $ | (28,692) | | | $ | (15,957) | | | $ | (15,957) | | | Net income from discontinued operations, net of tax | — | | | — | | | 12,359 | | | 12,359 | | | Net loss | (28,692) | | | (28,692) | | | (3,598) | | | (3,598) | | | | | | | | | | | Plus: Convertible Notes interest expense (after tax) | — | | | — | | | — | | | — | | | Net loss available to the Company’s common shareholders | $ | (28,692) | | | $ | (28,692) | | | $ | (3,598) | | | $ | (3,598) | | | Denominator: | | | | | | | | | Basic weighted-average outstanding shares of common stock | 33,753,136 | | | 33,753,136 | | | 40,558,629 | | | 40,558,629 | | | Dilutive effect of: | | | | | | | | | Equity incentive plans | — | | | — | | | — | | | — | | | Convertible debt | — | | | — | | | — | | | — | | | Diluted weighted-average outstanding shares of common stock | 33,753,136 | | | 33,753,136 | | | 40,558,629 | | | 40,558,629 | | | | | | | | | | | Net loss per share from continuing operations: | $ | (0.85) | | | $ | (0.85) | | | $ | (0.39) | | | $ | (0.39) | | | Net income per share from discontinued operations: | $ | — | | | $ | — | | | $ | 0.30 | | | $ | 0.30 | | | Net loss per share: | $ | (0.85) | | | $ | (0.85) | | | $ | (0.09) | | | $ | (0.09) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine months ended September 30, | | 2026 | | 2025 | | Basic | | Diluted | | Basic | | Diluted | | Numerator for basic and diluted net income per common share: | | | | | | | | Net (loss) income from continuing operations | $ | (81,620) | | | $ | (81,620) | | | $ | 8,163 | | | $ | 8,163 | | | Net income from discontinued operations, net of tax | 699,650 | | | 699,650 | | | 38,821 | | | 38,821 | | | Net income | 618,030 | | | 618,030 | | | 46,984 | | | 46,984 | | | | | | | | | | | Plus: Convertible Notes interest expense (after tax) | — | | | — | | | — | | | — | | | Net income available to the Company’s common shareholders | $ | 618,030 | | | $ | 618,030 | | | $ | 46,984 | | | $ | 46,984 | | | Denominator: | | | | | | | | | Basic weighted-average outstanding shares of common stock | 35,896,452 | | | 35,896,452 | | | 41,609,182 | | | 41,609,182 | | | Dilutive effect of: | | | | | | | | | Equity incentive plans | — | | | — | | | — | | | 101,776 | | | Convertible debt | — | | | — | | | — | | | — | | | Diluted weighted-average outstanding shares of common stock | 35,896,452 | | | 35,896,452 | | | 41,609,182 | | | 41,710,958 | | | | | | | | | | | Net (loss) income per share from continuing operations: | $ | (2.27) | | | $ | (2.27) | | | $ | 0.20 | | | $ | 0.20 | | | Net income per share from discontinued operations: | $ | 19.49 | | | $ | 19.49 | | | $ | 0.93 | | | $ | 0.93 | | | Net income per share: | $ | 17.22 | | | $ | 17.22 | | | $ | 1.13 | | | $ | 1.13 | |
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