v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
The computation of basic and diluted earnings per share ("EPS") is based on Net income (loss) divided by the basic weighted average number of common shares outstanding and, where appropriate, diluted weighted average number of common shares outstanding, respectively. The details of the basic and diluted EPS calculations for the three and six months ended June 30, 2026 and 2025 were as follows:
 
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Basic
Net income (loss)$3,248 $31,371 $(12,298)$54,715 
Weighted average common shares outstanding27,046,372 26,896,037 27,013,738 26,867,252 
EPS – Basic$0.12 $1.17 $(0.46)$2.04 
Diluted
Dilutive effect of equity awards and other stock-based holdings555,716 327,272 — 381,724 
Weighted average common shares outstanding27,602,088 27,223,309 27,013,738 27,248,976 
EPS – Diluted$0.12 $1.15 $(0.46)$2.01 

Where appropriate, diluted EPS is computed based upon the weighted average number of common shares outstanding for the period plus the dilutive effect of common stock equivalents using the treasury stock method and the average market price of our common stock for the period.

Where appropriate, the diluted EPS calculations exclude the effect of stock options when the options’ assumed proceeds exceed the average market price of the common shares during the period. The anti-dilutive common stock equivalents outstanding at the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Options and stock equivalents 642,061 1,005,749 1,040,112 948,963 

Dividend activity for the three and six months ended June 30, 2026 and 2025 was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Cash dividends declared per share$0.16 $0.16 $0.32 $0.32 
Aggregate dividends paid to shareholders$4,314 $4,290 $8,627 $8,580