v3.26.1
Net Income Per Common Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Common Share NET INCOME PER SHARE OF COMMON STOCK
Net income per share of common stock is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net income per share of common stock is computed similarly but includes the effect of the assumed exercise of dilutive restricted stock under the treasury stock method.
The computation of basic and diluted net income per share of common stock (in thousands, except for per share data) is as follows:
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Net income$1,783 $4,052 $2,388 $6,235 
Weighted average common shares outstanding — basic8,581 8,570 8,598 8,593 
Effect of weighted average dilutive securities128 50 127 111 
Weighted average common and potentially issuable shares of common stock outstanding — diluted8,709 8,620 8,725 8,704 
Basic net income per share of common stock$0.21 $0.47 $0.28 $0.73 
Diluted net income per share of common stock$0.21 $0.47 $0.27 $0.72