v3.26.1
Earnings Per Common Share And Share Awards (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three-month periods ended March 31:
Three Months Ended
March 31,
(in thousands, except per share amounts)
20262025
Net income $6,067 $3,171 
Weighted average common shares outstanding – Basic1,888 1,886 
Incremental shares outstanding assuming the exercise of dilutive SARs (share-settled)
6 
Weighted average common shares outstanding – Diluted
1,894 1,895 
Basic earnings per common share$3.21 $1.68 
Diluted earnings per common share$3.20 $1.67 
Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
(in thousands, except weighted average exercise price and average remaining contractual term)Number
Of Shares
Weighted
Average
Exercise Price
Average Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of January 1, 2025
28 $154.74 3.90$2,312 
SARs granted246.75   
SARs exercised(9)158.04   
Outstanding as of December 31, 202524 $170.67 3.91$2,312 
SARs granted   
SARs exercised(1)162.55 
Outstanding as of March 31, 202623 $171.21 3.90$1,178 
Exercisable as of March 31, 202621 $173.78 3.94$1,033 
Unvested as of March 31, 20262 $144.60 3.45$145