XML 30 R17.htm IDEA: XBRL DOCUMENT v3.25.3
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share attributable to common stockholders is computed by dividing net income by the weighted average common shares outstanding during the period. Diluted earnings per share is calculated based on the combined weighted average number of common shares and potentially dilutive shares, which include the assumed exercise of employee stock options, unvested restricted stock awards, unvested restricted stock units and unvested performance stock units, including market-based performance units based on the expected achievement of performance targets. In computing diluted earnings per share, we utilize the treasury stock method.
A summary of the numerator and denominators used in the computation of earnings per share attributable to common stockholders follows:
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Numerator:
Net income$9,984 $5,771 $10,382 $8,660 
Denominators:
Number of shares outstanding, end of period:
Class A common stock62,505 62,325 62,505 62,325 
Class B common stock988 988 988 988 
Effect of weighted average shares outstanding (1)
(1)(4,505)(43)(4,995)
Basic weighted average common shares outstanding63,492 58,808 63,450 58,318 
Impact of potentially dilutive securities:
Dilutive effect of stock options and other stock awards99 113 100 97 
Diluted weighted average common shares outstanding63,591 58,921 63,550 58,415 
Anti-dilutive potentially issuable shares— — 24 
(1)Adjustments for the periods ended September 30, 2024 primarily associated with the timing of 5,175 shares of Class A common stock issued as part of a public offering, completed on September 19, 2024. See Note 9, Stockholders’ Equity for disclosure regarding the public offering of Class A common stock completed on September 19, 2024.