Basic earnings per share is based on the weighted average number of shares outstanding and excludes the dilutive effect of common stock equivalents. Diluted earnings per share is based on the weighted average number of shares outstanding and includes the dilutive effect of common stock equivalents to the extent they are not anti-dilutive.

The details of the earnings per share calculations for the three and six months ended June 30, 2026 and 2025 are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share data)	2026		2025		2026		2025
Net income	$	6,781	$	8,342	$	18,346	$	22,847
Weighted average common shares outstanding:
Basic	37,213		38,205		37,411		38,156
Incremental shares with dilutive effect:
Restricted stock units	929		807		687		870
Diluted	38,142		39,012		38,098		39,026

Net income per share:
Basic	$	0.18	$	0.22	$	0.49	$	0.60
Diluted	$	0.18	$	0.21	$	0.48	$	0.59