Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings Per Share

v3.25.0.1
Earnings Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share  
Earnings Per Share

12. Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS:

Year Ended December 31, 

    

2024

    

2023

    

2022

Numerator:

 

  

 

  

 

  

Net Income (basic and diluted)

$

56,231

$

71,466

$

43,268

Denominator:

 

 

 

Weighted‑average common shares outstanding

 

170,515

 

167,803

 

163,882

Dilutive effect of stock based awards

 

4,561

 

5,632

 

6,873

Weighted‑average dilutive shares outstanding

 

175,076

 

173,435

 

170,755

Basic earnings per share

$

0.33

$

0.43

$

0.26

Diluted earnings per share

$

0.32

$

0.41

$

0.25

Approximately 4.0 million, 7.7 million, and 5.1 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation for the years ended December 31, 2024, 2023 and 2022, respectively, because they were antidilutive.