Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE

v3.26.1
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Earnings Per Share
The following is a reconciliation of the numerator and denominator for the computation of basic and diluted loss per share:
Three Months Ended June 30, Six Months Ended June 30,
(In thousands, except per share data)
2026
 2025
2026
2025
Numerator:
Net income (loss) attributable to common shareholders
$
9,718 
$
12,864 
$
(8,565)
$
7,381 
Adjustment for accretion of tax equity financing fees
— 
(27)
(46)
(54)
Loss attributable to common shareholders
$
9,718 
$
12,837 
$
(8,611)
$
7,327 
Denominator:
Basic weighted-average shares outstanding
52,987 
52,638 
52,937 
52,591 
Effect of dilutive securities: (1)
Stock options
848 
183 
— 
306 
Diluted weighted-average shares outstanding
53,835 
52,821 
52,937 
52,897 
Net income (loss) per share attributable to common shareholders:
Basic
$
0.18 
$
0.24 
$
(0.16)
$
0.14 
Diluted
$
0.18 
$
0.24 
$
(0.16)
$
0.14 
Potentially dilutive shares (1)
2,399 
3,649 
3,063 
2,566 
(1) Dilutive securities were excluded for the six months ended June 30, 2026, and potentially dilutive securities were excluded in all periods presented, from the computation of diluted earnings per share as the effect would have been anti-dilutive.