v3.26.1
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the three and six months ended June 30, 2026 and 2025:
Three Months Ended June 30,Six Months Ended June 30,
(shares presented in the table are in thousands)2026202520262025
Net income$21,158 $19,448 $42,967 $37,499 
Weighted average shares outstanding - basic19,313 19,173 19,293 19,165 
Dilutive effect of share-based compensation119 169 128 170 
Weighted average shares outstanding - diluted19,432 19,342 19,421 19,335 
Per share information:
Basic earnings per share$1.10 $1.01 $2.23 $1.96 
Diluted earnings per share1.09 1.01 2.21 1.94 
For the three and six months ended June 30, 2026, the total average shares of the outstanding antidilutive restricted stock grants were 869 and 56,071 shares, respectively, compared to 5,412 and 3,741 for the three and six months ended June 30, 2025, respectively. For the three and six months ended June 30, 2026 and 2025, the total average shares of the exercisable antidilutive stock options outstanding were zero. Antidilutive shares are excluded from the computation of earnings per share as the grant price exceeded the average market price. The dilutive effect of share-based compensation in each period above relates to restricted stock awards and vested and unexercised stock options.