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Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The numerator used in the calculation of both basic and diluted earnings per share is net income. The denominator used in the calculation of basic earnings per share is the weighted-average number of shares outstanding during the period. The denominator used in the calculation of diluted earnings per share is derived by adjusting basic shares outstanding for the dilutive effect of potential shares outstanding, which consist of time- and performance-based stock awards and employee stock purchase plan shares.
The following includes the computation of the denominator for basic and diluted weighted-average shares outstanding for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Weighted-Average Common Shares Outstanding – Basic41,874 41,784 41,850 41,754 
Effect of Dilutive Securities:
Stock Performance Awards154 193 143 194 
Restricted Stock Awards88 89 95 100 
Employee Stock Purchase Plan
2 2 
Dilutive Effect of Potential Common Shares244 284 240 297 
Weighted-Average Common Shares Outstanding – Diluted42,118 42,068 42,090 42,051 
The number of shares excluded from diluted weighted-average common shares outstanding because such shares were anti-dilutive was not material for the three and six months ended June 30, 2025 and 2024