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Earnings per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2025
Earnings per Common Share |
Schedule of calculation of basic and diluted net income per common share | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​
​ | ​ | Year Ended December 31,
(in thousands) | ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
Net income | ​ | $ | 322,290 | ​ | $ | 172,231 | ​ | $ | 104,998
Less: Allocation of earnings to participating securities | ​ |  | (3,334) | ​ |  | (2,279) | ​ |  | (1,878)
Net income attributable to common stockholders | ​ | $ | 318,956 | ​ | $ | 169,952 | ​ | $ | 103,120
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Allocation of earnings to cash or share settled restricted stock units | ​ | ​ | 877 | ​ | ​ | 1,004 | ​ | ​ | —
Diluted net income attributable to common stockholders | ​ | $ | 319,833 | ​ | $ | 170,956 | ​ | $ | 103,120
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average common shares outstanding used in basic earnings per common share | ​ | ​ | 174,437 | ​ | ​ | 162,037 | ​ | ​ | 154,126
Effect of dilutive securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Performance-based restricted stock units | ​ | ​ | 296 | ​ | ​ | 328 | ​ | ​ | 207
Time-based restricted stock units | ​ | ​ | 13 | ​ | ​ | — | ​ | ​ | —
ESPP shares | ​ | ​ | 7 | ​ | ​ | 10 | ​ | ​ | 11
Weighted-average common shares outstanding used in diluted earnings per common share | ​ | ​ | 174,753 | ​ | ​ | 162,375 | ​ | ​ | 154,344
​

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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