v3.26.1
EPS (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Analysis of Basic and Diluted Earnings Per Share
The following is an analysis of basic and diluted EPS, reflecting the application of the two-class method, as described below:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands, except number of shares and per share data)2026202520262025
Net income available to common shareholders
$23,021 $14,081 $44,904 $21,407 
Weighted-average common shares outstanding for basic EPS
16,905,893 16,905,159 16,915,015 16,874,974 
Dilutive effect of stock-based awards(1)
97,239 67,236 85,392 66,925 
Weighted-average common and potential common shares for diluted EPS
17,003,132 16,972,395 17,000,407 16,941,899 
Earnings per common share:
Basic EPS$1.36 $0.84 $2.65 $1.27 
Diluted EPS$1.35 $0.83 $2.64 $1.26 
Awards excluded from the calculation of diluted EPS(2)
— — — — 
(1)    Represents the assumed dilutive effect of restricted shares, restricted share units and contingently issuable performance-based awards utilizing the treasury stock method.
(2)    Represents any stock-based awards not included in the computation of potential common shares for purposes of calculating diluted EPS as the exercise prices were greater than the average market price of the Company's common stock, and, therefore, are considered anti-dilutive.