v3.25.2
Earnings per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 (dollars in thousands, except share and per share amounts):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(unaudited)(unaudited)
Numerator:
Net earnings$22,499 $19,916 $10,672 $20,040 
Denominator:
Weighted average shares outstanding, basic56,024,771 54,978,781 55,945,434 54,890,265 
Effect of dilutive securities:
Stock options and stock awards618,418 745,502 743,320 785,209 
Weighted average shares outstanding, diluted56,643,189 55,724,283 56,688,754 55,675,474 
Earnings per share, basic$0.40 $0.36 $0.19 $0.37 
Earnings per share, diluted$0.40 $0.36 $0.19 $0.36 
The following table sets forth the common stock equivalents of outstanding stock-based awards excluded in the calculation of diluted earnings per share, because their inclusion would be anti-dilutive:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
(unaudited)(unaudited)
Stock options and stock awards588,422 971,683 836,462 799,798