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Earnings (Loss) Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
Basic earnings (loss) per share is computed in accordance with ASC 260, Earnings Per Share, based on weighted average outstanding common shares. Diluted earnings (loss) per share is computed based on basic weighted average outstanding common shares adjusted for the dilutive effect of stock options, RSUs, and certain contingently issuable shares for which performance targets have been achieved.

The following table reconciles the weighted average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):
Three Months Ended March 31,
20252024
Weighted average shares outstanding:
Basic weighted average shares outstanding105,350 106,799 
Add: Dilutive effect of stock options, RSUs, and contingently issuable shares
1,477 — 
Diluted weighted average shares outstanding106,827 106,799 
The diluted earnings (loss) per share computation excludes 1.4 million and 4.4 million options to purchase shares, RSUs, and contingently issuable shares during the three months ended March 31, 2025 and 2024, respectively, as their effect would be anti-dilutive.

Common stock outstanding as of March 31, 2025, and December 31, 2024, was 105,273,273 and 105,254,913, respectively.