v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Share and Weighted Average Shares Outstanding Used in Calculating Basic and Diluted Earnings per Share

The following table illustrates earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income

 

$

477

 

 

$

18,876

 

 

$

349

 

 

$

33,661

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares of Common Stock outstanding

 

 

30,600,168

 

 

 

31,534,382

 

 

 

30,687,384

 

 

 

31,538,802

 

Dilutive effect of restricted stock, restricted stock units and performance stock units

 

 

51,560

 

 

 

175,119

 

 

 

94,084

 

 

 

175,623

 

Diluted weighted average shares of Common Stock outstanding

 

 

30,651,728

 

 

 

31,709,501

 

 

 

30,781,468

 

 

 

31,714,425

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.02

 

 

$

0.60

 

 

$

0.01

 

 

$

1.07

 

Diluted earnings per share

 

$

0.02

 

 

$

0.60

 

 

$

0.01

 

 

$

1.06