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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income Per Share Attributable to Stockholders

The following table summarize the computation of basic and diluted net income per share attributable to the stockholders:

 

 

Three months ended March 31,

 

 

2025

 

 

2024

 

(in thousands, except per share amounts)

 

Numerator for earnings per share:

 

 

 

 

 

 

Net income

 

$

62,943

 

 

$

3,187

 

 

 

 

 

 

 

 

Denominator for earnings per share:

 

 

 

 

 

 

Weighted average common shares - basic

 

 

328,439

 

 

 

275,175

 

Dilutive effect of stock options and restricted stock awards

 

 

5,723

 

 

 

 

Weighted average shares - diluted

 

 

334,162

 

 

 

275,175

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

Basic earnings per share

 

$

0.19

 

 

$

0.01

 

Diluted earnings per share

 

$

0.19

 

 

$

0.01