v3.25.4
EARNINGS (LOSS) PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
EARNINGS (LOSS) PER SHARE
Basic earnings per share (EPS) is computed by dividing net income, or loss, by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of stock-based compensation outstanding after application of the treasury stock method.
 Year Ended December 31,
(In thousands, except per share data)202520242023
Net income (loss)$77,882 $34,684 $(22,573)
Weighted average common shares outstanding31,559 31,485 31,084 
Add: Dilutive impact of stock options14 19 — 
Add: Dilutive impact of restricted stock units and performance share units247 463 — 
Diluted weighted average common shares outstanding31,820 31,967 31,084 
Earnings (loss) per share
Basic$2.47 $1.10 $(0.73)
Diluted$2.45 $1.08 $(0.73)
The following table summarizes the weighted average of anti-dilutive securities excluded from the diluted EPS calculation.
Year Ended December 31,
(In thousands)202520242023
Anti-dilutive restricted stock units and performance share units4 20 4 
Total4 20 4