Basic earnings per common share is determined by dividing "Net income attributable to controlling interest" by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per common share includes the dilutive effect of common stock equivalents, consisting of restricted stock units, performance stock units and stock held in the Company's deferred compensation programs, using the treasury stock method. Potential common shares that have an antidilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted earnings per share. Performance stock units, which are considered contingently issuable, are considered dilutive when the related performance criterion has been met.


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Denominator:
Denominator for basic earnings per common share	23,013,839	22,877,075	22,976,570	22,855,304
Effect of dilutive securities	277,697	197,705	294,632	170,620
Denominator for diluted earnings per common share	23,291,536	23,074,780	23,271,202	23,025,924

Antidilutive securities excluded from the calculation of diluted earnings per share	1,377	1,300	1,348	864