XML 30 R21.htm IDEA: XBRL DOCUMENT v3.26.1
Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

Note 13. Net Income (Loss) Per Share

Basic weighted-average shares outstanding excludes nonvested restricted stock. Diluted weighted average shares outstanding is similar to basic weighted-average shares outstanding, except that the weighted-average number of shares is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common share had been issued, including the dilutive impact of nonvested restricted stock. Basic and diluted net income (loss) per share was calculated as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic net income (loss) per share

 

$

0.10

 

 

$

0.00

 

 

$

0.11

 

 

$

(0.24

)

Diluted net income (loss) per share

 

$

0.10

 

 

$

0.00

 

 

$

0.11

 

 

$

(0.24

)

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) (in thousands)

 

$

16,914

 

 

$

308

 

 

$

19,082

 

 

$

(40,886

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding - basic

 

 

171,747,641

 

 

 

173,288,662

 

 

 

172,782,144

 

 

 

172,930,881

 

Add stock options to purchase shares and restricted stock units

 

 

1,477,529

 

 

 

1,780,789

 

 

 

1,129,595

 

 

 

—

 

Weighted average number of shares outstanding - diluted

 

 

173,225,170

 

 

 

175,069,451

 

 

 

173,911,739

 

 

 

172,930,881

 

For the three months ended June 30, 2026 and 2025, a total of 5,320,079 and 2,125,020 stock options, RSUs, and restricted stock awards were excluded from the calculation of diluted net income per share, respectively, because their effect was anti-dilutive. For the six months ended June 30, 2026 and 2025, a total of 7,246,512 and 3,938,915 stock options, RSUs, and restricted stock awards were excluded from the calculation of diluted net income (loss) per share, respectively, because their effect was anti-dilutive.