Diluted earnings per share was computed based on the weighted-average number of shares outstanding plus all potentially dilutive common shares. A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:


	Three Months Ended		Six Months Ended
	June 30,		June 30,
(In thousands)	2026	2025	2026	2025
Basic weighted-average shares outstanding	36,939	37,692	36,914	37,682
Dilutive effect of deferred stock compensation	181	211	171	189
Diluted weighted-average shares outstanding	37,120	37,903	37,085	37,871

There were no anti-dilutive shares for the three months ended June 30, 2026. For the six months ended June 30, 2026, there were approximately 15,000 shares issuable under equity-based awards that were excluded from the calculation of diluted earnings per share as they were anti-dilutive based on the average stock price during the period. There were approximately 16,000 and 8,000 anti-dilutive equity-based awards for the three and six months ended June 30, 2025, respectively.