Quarterly report [Sections 13 or 15(d)]

Earnings per Share (Tables)

v3.26.1
Earnings per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the common shares used in the denominator for computing basic and diluted EPS is as follows:

Three Months Ended March 31,
(in thousands, except per share amounts)
 2026 2025
Weighted average common shares outstanding, used in computing basic earnings per share
 52,627  55,734 
Effect of dilutive stock options and restricted stock units 76  249 
Weighted average common shares outstanding, used in computing diluted earnings per share
 52,703  55,983 
Earnings per share:
Basic $ 0.65  $ 0.76 
Diluted $ 0.65  $ 0.75 
Weighted average common shares excluded (1)
2,363  1,720 
(1) Common stock related to stock options, time-based restricted stock units, market-based restricted stock units, and performance-based restricted stock units were outstanding but were excluded from the computation of diluted EPS because their effect would be anti-dilutive under the treasury stock method or because the shares were subject to performance or market conditions that had not been met.