Net income from continuing operations per common share

3 Months Ended

Mar. 31, 2026

Net income from continuing operations per common share

Basic earnings per share is calculated by dividing net income by the weighted average number of shares of common stock during the reporting period. Diluted earnings per share is calculated using the weighted average number of shares of common stock plus the potentially dilutive effect of common equivalent shares outstanding determined under the treasury stock method. In periods when we have a net loss, common stock equivalents are excluded from our calculation of earnings per share as their inclusion would have an antidilutive effect.

The following table presents computations of basic and diluted earnings per share:


	Three Months Ended March 31,
(In thousands, except share and earnings per share data)		2026		2025
Basic and diluted earnings (loss) per common share
Numerator:
Net income from continuing operations		$	1,186	$	271

Denominator:
Weighted-average common shares issued and outstanding - Basic		48,458,536		47,134,720
Effect of dilutive securities		789,539		1,232,836
Weighted-average common shares issued and outstanding - Diluted		49,248,075		48,367,556

Net income per share from continuing operations
Basic		$	0.02	$	0.01
Diluted		$	0.02	$	0.01

Anti-dilutive shares		17,302		23,550