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Earnings per Share
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share (EPS)
5)
EARNINGS PER SHARE (EPS)

Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects 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 three and nine months ended September 30, 2026 and 2025, respectively:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to ACIC common stockholders

$

19,397

 

 

$

32,483

 

 

$

60,547

 

 

$

80,273

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

47,192,404

 

 

 

48,664,597

 

 

 

47,939,067

 

 

 

48,413,364

 

Effect of dilutive securities

 

1,217,484

 

 

 

1,253,132

 

 

 

1,201,752

 

 

 

1,300,171

 

Weighted-average diluted shares

 

48,409,888

 

 

 

49,917,729

 

 

 

49,140,819

 

 

 

49,713,535

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings available to ACIC common stockholders per share

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.41

 

 

$

0.67

 

 

$

1.26

 

 

$

1.66

 

Diluted

$

0.40

 

 

$

0.65

 

 

$

1.23

 

 

$

1.61

 

 

See Note 16 of these Notes to Unaudited Condensed Consolidated Financial Statements for additional information on the stock grants related to dilutive securities.