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Earnings per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
6)
EARNINGS PER SHARE

Basic EPS are based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflect the potential dilution resulting from the vesting of outstanding restricted stock awards, restricted stock units, performance stock units and stock options. The following table shows the computation of basic and diluted EPS for the years ended December 31, 2025, 2024 and 2023:

 

 

Year Ended December 31,

 

 

2025

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to ACIC common stockholders

$

106,837

 

 

$

75,718

 

 

$

309,911

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

48,476,824

 

 

 

47,831,412

 

 

 

43,596,432

 

Effect of dilutive securities

 

1,306,169

 

 

 

1,531,573

 

 

 

792,372

 

Weighted-average diluted shares

 

49,782,993

 

 

 

49,362,985

 

 

 

44,388,804

 

 

 

 

 

 

 

 

 

 

Earnings available to ACIC common stockholders per share

 

 

 

 

 

 

 

 

Basic

$

2.20

 

 

$

1.59

 

 

$

7.11

 

Diluted

$

2.15

 

 

$

1.54

 

 

$

6.98