| Schedule of Basic and Diluted Earnings Per Share |
Basic and diluted earnings per share have been computed based on weighted-average common and common equivalent shares outstanding as follows:
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Three Months Ended June 30, |
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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Six Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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(Amounts in thousands, except per share data) |
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Basic |
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Diluted |
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Basic |
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Diluted |
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Basic |
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Diluted |
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Basic |
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Diluted |
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Net income |
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$ |
3,462 |
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$ |
3,462 |
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$ |
2,861 |
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$ |
2,861 |
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$ |
4,553 |
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$ |
4,553 |
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$ |
4,960 |
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$ |
4,960 |
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Weighted average common
shares outstanding |
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8,013 |
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8,013 |
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9,859 |
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9,859 |
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8,077 |
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8,077 |
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9,878 |
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9,878 |
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Dilutive securities |
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Stock options |
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— |
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240 |
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— |
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55 |
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— |
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223 |
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— |
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75 |
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Adjusted weighted average
shares outstanding |
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8,013 |
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8,253 |
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9,859 |
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9,914 |
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8,077 |
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8,300 |
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9,878 |
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9,953 |
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Earnings per share amount |
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$ |
0.43 |
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$ |
0.42 |
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$ |
0.29 |
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$ |
0.29 |
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$ |
0.56 |
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$ |
0.55 |
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$ |
0.50 |
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$ |
0.50 |
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