Common and Common Equivalent Shares

12 Months Ended

Dec. 31, 2025

14. Common and Common Equivalent Shares:

The calculation of shares used in the basic and diluted net income per share calculation for the years ended December 31, 2025, 2024, and 2023 is as follows (in thousands):


	Years Ended December 31,
	2025		2024		2023
Weighted average number of common shares outstanding		84,080		83,330		82,201
Weighted average number of dilutive common share equivalents (a)		1,188		—		—
Weighted average number of common and common equivalent shares outstanding		85,268		83,330		82,201
Antidilutive restricted stock not included in the diluted net income per common share calculation		99		333		1,115

(a) Due to a loss for the years ended December 31, 2024 and 2023, 0.6 million and 0.4 million incremental shares, respectively, are not included because the effect would be antidilutive.