Earnings per Common Share

6 Months Ended

Jun. 30, 2026

Basic earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common share adjusts basic earnings per common share for the effects of potentially dilutive common shares. Potentially dilutive common shares include the dilutive effects of shares issuable upon exercise or vesting of outstanding awards under our equity compensation plans, including stock options and share-based awards (restricted share awards, restricted stock units and performance stock units), each using the treasury stock method.


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator — basic and diluted
Net income	$	57,810	$	71,698	$	115,441	$	133,522
Denominator
Weighted average number of common shares outstanding — basic	28,739		33,261		29,358		34,152
Effect of dilutive share-based awards and stock options	299		330		322		389


Weighted average number of common shares outstanding — diluted	29,038		33,591		29,680		34,541
Earnings per common share — basic	$	2.01	$	2.16	$	3.93	$	3.91
Earnings per common share — diluted	$	1.99	$	2.13	$	3.89	$	3.87
Antidilutive share-based awards	86		260		80		241

FTI CONSULTING, INC 10-Q