Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2026

Computation of Basic and Diluted Net Income per Share

Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding and the dilutive effect of outstanding stock options.


	3 Months Ended
	March 31,
	2026			2025

Weighted average common shares outstanding – basic		10,767,501			10,722,401
Potential shares exercisable under stock option plans		268,301			341,950
Less: Shares which could be repurchased under treasury stock method		(188,665	)		(232,372	)

Weighted average common shares outstanding – diluted		10,847,137			10,831,979