v3.26.1
NET EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 31, 2026
NET EARNINGS PER COMMON SHARE [Abstract]  
NET EARNINGS PER COMMON SHARE
2.
NET EARNINGS PER COMMON SHARE
 
Basic and diluted earnings per share (“EPS”) are calculated in accordance with ASC 260, Earnings Per Share (“ASC 260”), which specifies the computation, presentation and disclosure requirements for EPS. Under ASC 260, basic EPS excludes all dilutive Common Stock equivalents. It is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted EPS, as calculated using the treasury stock method, reflects the potential dilution from employee incentive plans during the period.
 
The weighted average number of common shares used to compute basic and diluted earnings per share for the three months ended March 31, 2026, and 2025 were as follows:
 
            
   Three Months Ended 
March 31,
 
    2026     2025  
Weighted average shares outstanding - basic
  31,129,929     30,809,306 
Dilutive effect of Restricted Stock
  202,022     264,398 
Weighted average shares outstanding - diluted
  31,331,951     31,073,704