Basic net income per share has been computed by dividing net income by the basic number of weighted average shares outstanding. Diluted net income per share has been computed by dividing net income by the diluted number of weighted average shares outstanding using the treasury stock method. The share effect is as follows:


	For the Three Months Ended March 31,
	2026	2025
Weighted average shares outstanding:
Common shares	10,646,871	11,981,633
Vested restricted stock units	93,110	109,394
Basic number of weighted average shares outstanding	10,739,981	12,091,027
Dilutive effect of restricted stock units and stock options	214,116	188,419
Dilutive number of weighted average shares outstanding	10,954,097	12,279,446

The following outstanding stock awards were excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive:


	For the Three Months Ended March 31,
	2026	2025
Stock options	47,000	47,000
Restricted stock units	246,828	9,088
Total	293,828	56,088