Earnings per share ("EPS")

9 Months Ended

Sep. 30, 2025

14. Earnings per share ("EPS")

For the three and nine months ended September 30, 2025, no adjustments were made to net income for purposes of calculating basic and diluted EPS under the treasury stock method. The following is a reconciliation of the weighted average shares used in diluted EPS computations.


	Three Months Ended September 30,				Nine Months Ended September 30,
(Unaudited, In thousands)	2025		2024		2025		2024
Weighted average common shares-basic		39,766		38,488		39,468		37,941
Effect of dilutive securities
Unexercised stock options and stock purchase plan		—		—		—		—
Unvested restricted stock units		—		—		—		—
Weighted average common shares-diluted		39,766		38,488		39,468		37,941

There were 9.2 million and 7.2 million weighted average outstanding options, time-based restricted stock awards and units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the three months ended September 30, 2025, and 2024, respectively, and 8.6 million and 7.0 million weighted average outstanding options, time-based restricted stock awards and units, performance-based stock units, and market-based stock units not included in the diluted EPS computation for the nine months ended September 30, 2025, and 2024, respectively, because inclusion of these awards was anti-dilutive, or, for performance-based stock units and market-based stock units, all necessary conditions had not been satisfied by the end of the respective period.