v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The factors used in the earnings per share computation follow:
Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2026202520262025
Basic
Net income (loss) to common stockholders$10,568 $3,618 $16,122 $2,834 
Weighted average common shares outstanding23,865,432 23,590,119 23,826,458 23,476,888 
Basic earnings (loss) per common share$0.44 $0.15 $0.68 $0.12 
Diluted
Net income (loss) to common stockholders$10,568 $3,618 $16,122 $2,834 
Weighted average common shares outstanding23,865,432 23,590,119 23,826,458 23,476,888 
Dilutive effects of:
Assumed exercises of stock options55,497 54,952 58,523 67,878 
Restricted stock awards— 16,097 — 30,785 
Restricted stock units101,847 89,156 113,023 124,984 
Performance stock units - market based122,961 17,704 124,493 23,171 
Employee stock purchase program2,772 4,627 1,518 4,299 
Average shares and dilutive potential common shares24,148,509 23,772,655 24,124,015 23,728,005 
Diluted earnings (loss) per common share$0.44 $0.15 $0.67 $0.12 
Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Stock options131,024 199,859 190,410 122,151 
Restricted stock units— 5,171 — 3,750 
Performance stock units - market based88,187 56,311 44,337 28,313