Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Summary of Significant Accounting Policies

Reconciliation of basic weighted average shares outstanding to diluted weighted average shares outstanding

The following is a reconciliation of the Company’s basic weighted average common shares outstanding to diluted weighted average common shares outstanding during the periods presented (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2025	2024	2025
Basic weighted average number of common shares outstanding	310,806	310,323	307,875	310,822
Add: Dilutive effect of RSUs	—	911	—	1,305
Add: Dilutive effect of PSUs	—	1,950	—	1,969
Diluted weighted average number of common shares outstanding	310,806	313,184	307,875	314,096
Weighted average number of outstanding securities excluded from calculation of diluted net income (loss) per common share (1):
RSUs	3,537	—	3,654	—
PSUs	2,010	—	2,032	—
Stock options	259	42	259	146
2026 Convertible Notes	—	—	2,432	—

(1) The potential dilutive effects of these securities were excluded from the computation of net income (loss) per common share—diluted because the inclusion of these securities would have been anti-dilutive.