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Capital Stock
 6 Months Ended
Jun. 30, 2026
Capital Stock [Abstract]  
Capital Stock
7.
Capital Stock

Net income (loss) per share

Net income per share is computed based on the weighted-average number of common shares outstanding during the periods presented. Additionally, diluted earnings per share data gives effect to all potentially dilutive common shares that were outstanding during the periods presented. For the three-month periods ended June 30, 2026 and 2025, stock awards and options of 3.5 million and 1.8 million, respectively, and for the six-month periods ended June 30, 2026 and 2025, stock awards and options of 1.8 million and 1.8 million, respectively, were excluded from the calculation of diluted earnings per share because they were anti-dilutive.

Dividends

In February and May 2026, the Company’s board of directors declared quarterly cash dividends of $0.06 per share. These quarterly cash dividends of $2.9 million were paid on March 11, 2026 and June 10, 2026, respectively, to stockholders of record on February 27, 2026 and May 29, 2026, respectively. In August 2026, the Company’s board of directors declared a quarterly cash dividend of $0.06 per share to be paid on September 9, 2026 to stockholders of record on August 28, 2026.

Repurchase of common stock

During the six-month periods ended June 30, 2026 and 2025, the Company repurchased 0.5 million and 0.6 million shares of its Class A common stock under its stock repurchase plan for $5.0 million and $5.0 million, respectively. The Company repurchased no shares of its Class A common stock under its stock repurchase plan during the three-month periods ended June 30, 2026 and 2025. As of June 30, 2026, $137.3 million was available for repurchases under the Company’s stock repurchase plan.