v3.26.1
Stock-based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
The following table summarizes the activity of our time-vested restricted stock units (“RSUs”) for the three months ended March 31, 2026:
Three Months Ended March 31, 2026
SharesWeighted Average Grant Date Fair Value
Beginning balance222,828 $86.51 
   Granted110,997 $42.61 
   Vested(2,995)$71.97 
   Forfeited(30,882)$104.36 
Ending balance299,948 $68.63 
Schedule of Performance Based Stock Activity
The following table summarizes the activity of our PSUs for the three months ended March 31, 2026:
Three Months Ended March 31, 2026
Target SharesWeighted Average Grant Date Fair Value
Beginning balance248,122 $92.92 
   Granted191,158 $44.40 
   Vested(36,883)$— 
   Forfeited(32,205)$104.36 
Ending balance370,192 $65.81 
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2026 and 2025:
Three Months Ended March 31,
 20262025
Numerator (in thousands):
Net income (Numerator for basic and diluted earnings per share)$2,160 $3,994 
Denominator:
       Basic weighted average shares outstanding23,149,912 23,396,470 
       Effect of dilutive securities:
Stock-based compensation units69,312 70,276 
      Diluted weighted average shares outstanding23,219,224 23,466,746 
Basic earnings per share$0.09 $0.17 
Diluted earnings per share$0.09 $0.17 
Antidilutive non-vested restricted stock units excluded from calculations of diluted earnings per share76,194 50,771