| Summary of reconciliation of the computation for basic and diluted earnings per share |
The following table provides a reconciliation of the computation for basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 (in thousands, except share and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
Net income (loss) |
|
$ |
8,575 |
|
$ |
(3,637) |
|
$ |
3,298 |
|
$ |
2,640 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average number of shares outstanding - basic |
|
|
46,914,100 |
|
|
53,029,359 |
|
|
49,596,045 |
|
|
53,010,425 |
Additional shares from assumed stock-settled options |
|
|
- |
|
|
- |
|
|
- |
|
|
11,576 |
Additional shares from assumed stock-settled restricted stock units |
|
|
173,086 |
|
|
- |
|
|
181,492 |
|
|
89,438 |
Additional shares from assumed issuance under the Employee Stock Purchase Plan |
|
|
5,227 |
|
|
- |
|
|
5,227 |
|
|
- |
Weighted-average number of shares outstanding - diluted |
|
|
47,092,413 |
|
|
53,029,359 |
|
|
49,782,764 |
|
|
53,111,439 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (loss) per share – basic: |
|
$ |
0.18 |
|
$ |
(0.07) |
|
$ |
0.07 |
|
$ |
0.05 |
Earnings (loss) per share – diluted: |
|
$ |
0.18 |
|
$ |
(0.07) |
|
$ |
0.07 |
|
$ |
0.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Anti-dilutive shares/units excluded from earnings per share - diluted: |
|
|
|
|
|
|
|
|
|
|
|
|
Additional shares from assumed stock-settled options |
|
|
- |
|
|
3,205 |
|
|
- |
|
|
- |
Additional shares from assumed stock-settled restricted stock units |
|
|
- |
|
|
71,847 |
|
|
- |
|
|
- |
|