Earnings Per Share

3 Months Ended

Mar. 31, 2026

10. Earnings Per Share

The following table sets forth basic and diluted weighted average shares outstanding used to compute earnings per share:


	Three Months Ended March 31,
	2026		2025
	(In thousands, except per share amounts)
Basic weighted average shares outstanding		35,301		37,388
Dilutive effect of stock options and Full Value Awards		85		68
Diluted weighted average shares outstanding		35,386		37,456

Basic earnings per share	$	2.21	$	0.40
Diluted earnings per share		2.20		0.40

Stock options and Full Value Awards totaling 333,488 shares and 312,466 shares for the three months ended March 31, 2026 and 2025, respectively, were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The computation of diluted shares can vary among periods due, in part, to the change in the average price of the Company’s common stock.