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Net Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Net Income Per Common Share  
Schedule of Basic EPS and Diluted EPS

The calculation of the weighted average number of common shares outstanding for Basic EPS and Diluted EPS are as follows for the periods indicated (in thousands, except per share data):

Three Months Ended

Nine Months Ended

September 30,

September 30,

2025

2024

 

2025

2024

Numerator:

    

    

    

    

    

    

    

Net income

$

116,358

$

89,709

$

337,178

$

225,585

Denominator:

Basic earnings per share weighted average shares

 

40,323

 

40,253

 

40,410

 

40,244

Dilution due to employee equity awards and warrants

 

1,069

 

1,308

 

1,037

 

1,251

Diluted earnings per share weighted average shares

 

41,392

 

41,561

 

41,447

 

41,495

Basic earnings per share

$

2.89

$

2.23

$

8.34

$

5.61

Diluted earnings per share

$

2.81

$

2.16

$

8.14

$

5.44