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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE 5. EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing net income (loss) by the weighted average common and potentially dilutive common equivalent shares outstanding, determined as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2025202420252024
Weighted average shares outstanding used to compute basic earnings per share34,775 34,378 34,694 34,350 
Incremental dilutive shares attributable to stock options and restricted stock— — — — 
Shares used to compute diluted earnings per share34,775 34,378 34,694 34,350 
Incremental shares attributable to stock options and restricted stock are computed under the treasury stock method using the average market price during the related period. Average out-of-the-money options to purchase shares that were excluded from the calculation of incremental shares attributable to stock options and restricted stock were 1,245,367 and 1,285,628 for the three and six months ended June 30, 2025, respectively. Average out-of-the-money options to purchase shares that were excluded from the calculation of incremental shares attributable to stock options and restricted stock were 2,427,051 and 2,648,861 for the three and six months ended June 30, 2024, respectively.