Weighted Average Shares and Net Income Per Share

3 Months Ended

Jun. 30, 2026

Weighted Average Shares and Net Income Per Share

Note 5 — Weighted Average Shares and Net Income Per Share

Net income per common and common equivalent share was computed by dividing net income by the weighted average number of common and common share equivalents outstanding during the period. The following table sets forth the calculations of the basic and diluted weighted average common shares for the three months ended June 30, 2026 and 2025:


	Three Months Ended
	June 30, 2026		June 30, 2025
Net Income	$	32,225,000	$	27,235,000
Basic:
Weighted average common shares outstanding		50,804,000		51,352,000
Net Income per share	$	0.63	$	0.53
Diluted:
Weighted average common shares outstanding		50,804,000		51,352,000
Treasury stock impact of stock options		124,000		560,000
Total common and common equivalent shares		50,928,000		51,912,000
Net Income per share	$	0.63	$	0.52