v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share  
Schedule of earnings per share

For the three months ended

For the six months ended

June 30, 

June 30, 

2025

    

2024

    

2025

    

2024

    

(In thousands, except per share data)

Net income (loss), as reported

$

14,203

$

5,322

$

4,407

$

9,006

Less: Dividends paid and earnings allocated to participating securities

(238)

(99)

(259)

(204)

Income (loss) attributable to common stock

$

13,965

$

5,223

$

4,148

$

8,802

Divided by:

 

  

 

  

 

  

 

  

Weighted average common shares and participating securities outstanding

 

34,511

 

29,789

 

34,493

 

29,765

Less: Weighted average participating securities

(582)

(458)

(562)

(452)

Total weighted average common shares outstanding

33,929

29,331

33,931

29,313

Basic earnings (loss) per common share

$

0.41

$

0.18

$

0.12

$

0.30

Diluted earnings (loss) per common share (1)

$

0.41

$

0.18

$

0.12

$

0.30

Dividend Payout ratio

 

53.7

%

 

122.2

%

 

366.7

%

 

146.7

%  

(1) There were no common stock equivalents outstanding during the periods presented.