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Earnings per share | 12 Months Ended
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Dec. 31, 2025
Earnings per share [abstract] |
Earnings per share | Earnings per share The calculation of both basic and diluted earnings per share is based on net income attributable to equity holders of the parent and weighted average outstanding shares of:
| For the year ended December 31,
In thousands of U.S. dollars except for share data | 2025 |  | 2024 |  | 2023
Net income | $ | 344,292 |  |  | $ | 668,774 |  |  | $ | 546,898 |
Basic weighted average number of shares | 46,554,200 |  |  | 48,544,137 |  |  | 52,369,269 |
Effect of dilutive potential basic shares: |  |  |  |  |
Restricted stock | 2,395,322 |  |  | 2,330,185 |  |  | 2,158,478 |
Diluted weighted average number of shares | 48,949,522 |  |  | 50,874,322 |  |  | 54,527,747 |
Earnings per share: |  |  |  |  |
Basic | $ | 7.40 |  |  | $ | 13.78 |  |  | $ | 10.44 |
Diluted | $ | 7.03 |  |  | $ | 13.15 |  |  | $ | 10.03 |
During the years ended December 31, 2025, 2024 and 2023, potentially dilutive shares relating to unvested restricted stock were included in the computation of diluted earnings per share because their effect was dilutive. The inclusion of potentially dilutive shares of unvested restricted stock reflects the dilutive impact of 4,597,824, 3,793,883 and 3,231,060, respectively, unvested shares of restricted stock.

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