v3.26.1
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
EARNINGS PER SHARE [Abstract]  
Computation of Basic and Diluted EPS
The following table sets forth the computation of basic and diluted EPS for the three and six months ended June 30, 2026 and 2025:

   
Three Months Ended June 30,
    
Six Months Ended June 30,
  
(in thousands, except share data)
  
2026
    
2025
    
2026
    
2025
  
                         
Numerator:
                        
Net income (loss)
  
$
409
    
$
(199
)
  
$
631
    
$
11,385
  
                                 
Denominator:
                                
Basic weighted-average common shares outstanding
    
8,154,549
      
8,494,546
      
8,128,673
      
8,497,857
  
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plan
    
-
      
-
      
-
      
-
  
Dilutive effect of service-based restricted stock awards granted to employees under the Plan
    
-
      
-
      
-
      
-
  
Diluted weighted-average common shares outstanding
    
8,154,549
      
8,494,546
      
8,128,673
      
8,497,857
  
                                 
Basic earnings per share
    
0.05
      
(0.02
)
    
0.08
      
1.34
  
Diluted earnings per share
    
0.05
      
(0.02
)
    
0.08
      
1.34