Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2025

Net Income Per Common Share

Schedule of Basic EPS and Diluted EPS

The calculation of the weighted average number of common shares outstanding for Basic EPS and Diluted EPS are as follows for the periods indicated (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2024		2025		2024
Numerator:
Net income	$	120,269	$	75,578	$	220,820	$	135,876
Denominator:
Basic earnings per share weighted average shares		40,416		40,179		40,453		40,239
Dilution due to employee equity awards and warrants		935		1,252		1,022		1,223
Diluted earnings per share weighted average shares		41,351		41,431		41,475		41,462
Basic earnings per share	$	2.98	$	1.88	$	5.46	$	3.38
Diluted earnings per share	$	2.91	$	1.82	$	5.32	$	3.28