Income Per Common Share |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Earnings Per Share [Abstract] | |
| Income Per Common Share | INCOME PER COMMON SHARE Basic net income per common share is calculated by dividing net income by the weighted average shares outstanding during the period, without consideration for common stock equivalents. Diluted net income per common share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury stock method. Potential common stock is included in the diluted income per common share calculation when dilutive. The dilutive effect of outstanding restricted stock awards after application of the treasury stock method was approximately 81 thousand and 130 thousand shares for the three and six months ended June 30, 2025, respectively, and 143 thousand and 178 thousand shares for the three and six months ended June 30, 2024, respectively. Approximately 17 thousand shares of potential common stock were not included in the calculation of diluted net income per common share for the three and six months ended June 30, 2025 because the effect would have been anti-dilutive. Such shares were not material for the three and six months ended June 30, 2024.
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