v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data): 
Three months ended June 30,Six months ended June 30,
2025202420252024
Numerator for basic and diluted earnings per share:
Net income$11,739 $6,259 $32,665 $13,232 
Less: Earnings allocated to unvested restricted stock(175)(93)(510)(194)
Income attributable to common stockholders$11,564 $6,166 $32,155 $13,038 
Denominator:
Denominator for basic earnings per common share – weighted average shares outstanding15,458 14,965 15,352 14,920 
Effect of dilutive securities:
Stock options195 22 176 20 
Performance awards— 416 — 416 
Denominator for diluted earnings per common share – weighted average shares outstanding15,653 15,403 15,528 15,356 
Basic earnings per common share:$0.75 $0.41 $2.09 $0.87 
Diluted earnings per common share:$0.74 $0.40 $2.07 $0.85 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Stock options excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect are as follows (in thousands):
Three months ended June 30,Six months ended June 30,
2025202420252024
Antidilutive stock options228 1,433 224 1,456