We compute net earnings or loss per share based on the weighted average number of common shares outstanding for the period. Diluted net earnings per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options or vesting of RSUs and in some cases PSUs. In periods of net income, we compute the adjustment to the denominator of our dilutive net earnings per share calculation to include these stock options, RSUs, and PSUs, as applicable, using the treasury stock method. Regardless of the period resulting in net income or net loss, we exclude the adjustment to the denominator of our dilutive net loss per share calculation to the extent that they are anti-dilutive. For the three months ended March 31, 2026, 450 share awards were excluded from the computation of diluted earnings per share because their effect would have been antidilutive.


	Three Months Ended March 31,
	2026		2025
Numerator:
Net income (loss)	$	625	$	(2,398)

Denominator:
Weighted-average basic shares outstanding	28,420		26,961
Effect of dilutive share-based awards	451		—
Weighted-average diluted shares	28,871		26,961

Basic earnings (loss) per share	$	0.02	$	(0.09)
Diluted earnings (loss) per share	$	0.02	$	(0.09)