v3.26.3
Earnings Per Share - Summary of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Basic earnings per share        
Net income attributable to the Company $ 11,793 $ 75,428 $ 104,724 $ 86,976
Less: Earnings allocable to unvested restricted stock (448) (1,161) (2,441) (1,345)
Net income attributable to common shareholders $ 11,345 $ 74,267 $ 102,283 $ 85,631
Weighted-average basic shares outstanding 30,222 30,406 30,209 30,427
Net income per share attributable to common shareholders $ 0.38 $ 2.44 $ 3.39 $ 2.81
Diluted earnings per share        
Net income attributable to common shareholders [1] $ 11,345 $ 74,267 $ 102,283 $ 85,631
Dilutive impact of unvested restricted stock [1] 0 214 16  
Net income attributable to common shareholders, net of dilutive impact [1] $ 11,345 $ 74,481 $ 102,299 $ 85,631
Weighted-average diluted shares [1] 30,998 31,313 30,870 30,851
Net income per share attributable to common shareholders [1] $ 0.37 $ 2.38 $ 3.31 $ 2.78
[1] Diluted EPS includes contingently issuable shares related to PSUs, calculated under the treasury stock method, for all periods presented. Unvested restricted stock awards were treated as follows:
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Three months ended September 30, 2026: Some unvested restricted stock awards are included under the treasury stock method, and certain others are excluded due to their anti-dilutive nature. Had they been dilutive, the diluted EPS denominator would have been 31,560, including 563 incremental shares.
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Nine months ended September 30, 2026: Some unvested restricted stock awards are included under the treasury stock method, and certain others are excluded due to their anti-dilutive nature. Had they been dilutive, the diluted EPS denominator would have been 31,377, including 507 incremental shares.
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Three months ended September 30, 2025: Unvested restricted stock awards are included under the treasury stock method.
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Nine months ended September 30, 2025: Unvested restricted stock awards are excluded due to their anti-dilutive nature. Had they been dilutive, the diluted EPS denominator would have been 30,988, including 136 incremental shares.