Basic and Diluted Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the computation of basic and diluted net income per share of common stock:


	Three Months Ended March 31,
	2026		2025
(in thousands, except per share data)	(unaudited)
Net income	$	5,818	$	4,687
Weighted-average shares outstanding — Basic	12,783		12,714
Effect of dilutive securities:

Restricted stock units	45		53
Performance-based restricted stock units	42		59
Weighted-average shares outstanding — Diluted	12,870		12,826
Basic net income per share	$	0.46	$	0.37
Diluted net income per share	$	0.45	$	0.37

Restricted stock units excluded from the calculation of diluted net income per share because the effect would have been anti-dilutive are as follows:


	Three Months Ended March 31,
(in thousands)	2026	2025
	(unaudited)
Anti-dilutive restricted stock units	5	—