Basic and diluted earnings per share are computed based on the weighted-average number of shares outstanding during each period. Diluted earnings per share reflects the potential dilution that could occur upon the exercise of stock options or upon the vesting of restricted stock grants, any of which would result in the issuance of common stock that would then share in the net income of the Company.


	Three Months Ended March 31,
	2026		2025
Basic earnings per share:
Net income attributable to common shareholders	$	27,946	$	9,717
Weighted-average basic shares outstanding	46,138,609		45,377,965
Basic earnings per share	$	0.61	$	0.21
Diluted earnings per share:
Net income attributable to common shareholders	$	27,946	$	9,717
Total weighted-average basic shares outstanding	46,138,609		45,377,965
Add effect of dilutive stock options and restricted stock grants	370,431		376,534
Total weighted-average diluted shares outstanding	46,509,040		45,754,499
Diluted earnings per share	$	0.60	$	0.21
Anti-dilutive stock options and restricted stock grants	574,708		1,499,126