v3.26.1
Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding.
The calculations of basic and diluted earnings per share are as follows:
(In thousands except share and per share data)Three Months Ended
March 31,
20262025
Basic:
Net income from continuing operations$8,739 $8,551 
Net income from discontinued operations93 415 
Net income $8,832 $8,966 
Weighted-average common shares outstanding 12,874,755 13,398,183 
Basic earnings per share from continuing operations$0.68 $0.64 
Basic earnings per share from discontinued operations$0.01 $0.03 
Basic earnings per share $0.69 $0.67 
 
Diluted:
Net income from continuing operations$8,739 $8,551 
Net income from discontinued operations93 415 
Net income $8,832 $8,966 
Weighted-average common shares outstanding 12,874,755 13,398,183 
Effect of dilutive restricted stock277,216 245,094 
Weighted-average common shares outstanding assuming dilution 13,151,971 13,643,277 
Diluted earnings per share from continuing operations$0.66 $0.63 
Diluted earnings per share from discontinued operations$0.01 $0.03 
Diluted earnings per share $0.67 $0.66