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Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed in accordance with ASC 260, Earnings Per Share, based on weighted average outstanding common shares. Diluted earnings 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 per share (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Weighted average shares outstanding:
Basic weighted average shares outstanding104,376 105,395 104,860 106,097 
Add: Dilutive effect of stock options, RSUs, and contingently issuable shares
727 771 1,100 718 
Diluted weighted average shares outstanding105,103 106,166 105,960 106,815 

The diluted earnings per share computation excludes 2.0 million and 1.0 million options to purchase shares, RSUs, and contingently issuable shares during the three months ended June 30, 2025 and 2024, respectively, as their effect would be anti-dilutive. The diluted earnings per share computation excludes 1.7 million options to purchase shares, RSUs, and contingently issuable shares during both the six months ended June 30, 2025 and 2024, as their effect would be anti-dilutive.

Common stock outstanding as of June 30, 2025, and December 31, 2024, was 103,412,772 and 105,254,913, respectively.