Earnings Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table presents the reconciliation of the numerator and denominator for calculating net income per share:

	First Quarter
(In thousands, except per share data)	2025		2024
Numerator
Income from continuing operations	$	10,375	$	4,054
Income (loss) from discontinued operations	(372)		3,239
Net income	$	10,003	$	7,293
Denominator
Weighted average common shares outstanding - basic	86,057		85,001
Dilutive effect of stock options and restricted stock awards	939		2,244
Weighted average common shares outstanding - diluted	86,996		87,245
Income (loss) per common share - basic:
Income from continuing operations	$	0.12	$	0.05
Income (loss) from discontinued operations	—		0.04
Net income	$	0.12	$	0.09
Income (loss) per common share - diluted:
Income from continuing operations	$	0.12	$	0.05
Income (loss) from discontinued operations	(0.01)		0.03
Net income	$	0.11	$	0.08

We excluded the following weighted-average potential shares from the calculations of diluted net income (loss) per share during the applicable periods because their inclusion would have been anti-dilutive for continuing operations:

	First Quarter
(In thousands)	2025	2024
Stock options and restricted stock awards	302	494