The following table reflects the income and share data used in the basic and diluted earnings per share calculations:


	For the six months ended June 30,
(Expressed in thousands of U.S. Dollars, except share and per share information)	2026		2025

Net Income	$	42,525	$	61,446
Less: dividends attributable to the common shares under share-based compensation plan	988		797
Net income available to common shareholders	$	41,537	$	60,649
Weighted average number of shares – basic	41,997,760		44,185,495
Common shares under share-based compensation plan	311,065		332,932
Weighted average number of shares – diluted	42,308,825		44,518,427
Basic earnings per share	$	0.99	$	1.37
Diluted earnings per share	$	0.98	$	1.36