Management identified an accounting error regarding the timing of stock-based compensation expense recognition for retirement-eligible employees. The error resulted in an overstatement of operating income by $10.0 million in 2024 and $3.4 million in 2025. Net income was overstated by $9.8 million in 2024 and $3.4 million in 2025. The company intends to file an amended 2025 Annual Report on Form 10-K/A by May 8, 2026. The error was non-cash and did not impact net revenues, gross margin, or operating cash flow. The company expects to seek recoupment of $5.0 million to $6.0 million in incentive-based compensation via its clawback policy.