Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE

v3.26.3
EARNINGS PER SHARE
 9 Months Ended
Sep. 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 earnings per share:
Three Months Ended September 30, Nine Months Ended September 30,
(In thousands, except per share data)
2026
 2025
2026
2025
As Adjusted
As Adjusted
Numerator:
Net income attributable to common shareholders
$
31,881 
$
74,038 
$
18,886 
$
92,703 
Adjustment for accretion of tax equity financing fees
— 
(27)
(46)
(82)
Income attributable to common shareholders
$
31,881 
$
74,011 
$
18,840 
$
92,621 
Denominator:
Basic weighted-average shares outstanding
53,076 
52,716 
52,985 
52,633 
Effect of dilutive securities: (1)
Stock options
599 
654 
765 
462 
Diluted weighted-average shares outstanding
53,675 
53,370 
53,750 
53,095 
Net income per share attributable to common shareholders:
Basic
$
0.60 
$
1.40 
$
0.36 
$
1.76 
Diluted
$
0.59 
$
1.39 
$
0.35 
$
1.74 
Potentially dilutive shares (1)
2,812 
2,789 
2,601 
2,718 
(1) Potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.