| Computation of basic and diluted EPS |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Earnings attributable to common shareholders - basic and diluted: | | | | | | | | | | | | | Net income from continuing operations | | $ | 34,517 | | $ | 28,937 | | $ | 20,194 | | $ | 50,833 | Allocation of income for participating shares | | | (176) | | | (136) | | | (101) | | | (229) | Net income from continuing operations attributed to common shareholders | | $ | 34,341 | | $ | 28,801 | | $ | 20,093 | | $ | 50,604 | Earnings per share denominator - basic and diluted | | | | | | | | | | | | | Total weighted average common shares outstanding, including participating shares | | | 14,596,262 | | | 14,814,223 | | | 14,582,798 | | | 14,799,173 | Less: weighted average participating shares | | | (74,569) | | | (69,255) | | | (72,799) | | | (67,330) | Basic earnings per share denominator | | | 14,521,693 | | | 14,744,968 | | | 14,509,999 | | | 14,731,843 | Common equivalent shares- non-vested performance stock grants | | | 36,601 | | | 37,276 | | | 42,291 | | | 31,889 | Diluted earnings per share denominator | | | 14,558,294 | | | 14,782,244 | | | 14,552,290 | | | 14,763,732 | | | | | | | | | | | | | | Basic earnings per share | | $ | 2.36 | | $ | 1.95 | | $ | 1.38 | | $ | 3.44 | Diluted earnings per share | | $ | 2.36 | | $ | 1.95 | | $ | 1.38 | | $ | 3.43 | | | | | | | | | | | | | | Undistributed earnings attributable to common shareholders - basic and diluted: | | | | | | | | | | | | | Net income from continuing operations attributable to common shareholders -Basic | | $ | 2.36 | | $ | 1.95 | | $ | 1.38 | | $ | 3.44 | Dividends declared | | | (0.92) | | | (0.90) | | | (1.84) | | | (1.80) | Undistributed earnings | | $ | 1.44 | | $ | 1.05 | | $ | (0.46) | | $ | 1.64 | | | | | | | | | | | | | | Net income from continuing operations attributable to common shareholders -Diluted | | $ | 2.36 | | $ | 1.95 | | $ | 1.38 | | $ | 3.43 | Dividends declared | | | (0.92) | | | (0.90) | | | (1.84) | | | (1.80) | Undistributed earnings | | $ | 1.44 | | $ | 1.05 | | $ | (0.46) | | $ | 1.63 |
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