v3.26.1
Note 16 - Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 16—Earnings Per Share

 

Basic earnings per share is computed by dividing net income or loss attributable to all classes of common stockholders of the Company by the weighted average number of shares of all classes of common stock outstanding during the applicable period. Diluted earnings per share is computed in the same manner as basic earnings per share, except that the number of shares is increased to include restricted stock still subject to risk of forfeiture and to assume exercise of potentially dilutive stock options using the treasury stock method, unless the effect of such increases is anti-dilutive.   

 

The weighted-average number of shares used in the calculation of basic and diluted earnings per share attributable to the Company’s common stockholders consists of the following:

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 
  

(in thousands)

  

(in thousands)

 

Basic weighted-average number of shares

  26,069   26,173   26,060   26,287 

Effect of dilutive securities:

                

Non-vested restricted Class B common stock

  83   343   111   344 

Diluted weighted-average number of shares

  26,152   26,516   26,171   26,631 

 

There were no instruments excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2026 and 2025.