Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2025

NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of the Company’s common stock outstanding during the period. Diluted net income (loss) per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.

For the three months ended March 31, 2025 and 2024, there were 29,130 and 43,422 common stock equivalents, respectively, related to equity-based awards that were not included in the diluted earnings per share calculation as the shares would be antidilutive.


	Three months ended March 31,
In thousands except per share amounts		2025		2024




Net income (loss) available to common stockholders		$	33,353	$	(29,117)

Weighted average shares:
Basic		514,501		384,968
Effect of stock-based compensation plans		6,702		—
Diluted		521,203		384,968

Income (loss) per share:


Basic		$	0.06	$	(0.08)




Diluted		$	0.06	$	(0.08)