v3.26.3
Earnings Per Share
 9 Months Ended
Sep. 30, 2026
Earnings per share:  
Earnings Per Share

(6) Earnings Per Share

 

Earnings per share for the three-month and nine-month periods ended September 30, 2026, and 2025 were calculated using the weighted average number of shares outstanding for the related period. The following table reconciles the number of shares used in the computations of basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2026, and 2025:

                    
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2026   2025   2026   2025 
   (In thousands)   (In thousands) 
Weighted average number of common shares outstanding during the period used to compute basic earnings per share   21,846    22,209    21,752    21,852 
                     
Incremental common shares attributable to exercise of outstanding options   1,474    1,837    1,695    2,335 
                     
Weighted average number of common shares used to compute diluted earnings per share   23,320    24,046    23,447    24,187 

 

If the anti-dilutive effects of common stock equivalents were considered, shares included in the diluted earnings per share calculation for the three-month and nine-month periods ended September 30, 2026, would have included an additional 3.7 million shares attributable to the exercise of outstanding options. For the three months and nine-months ended September 30, 2025, 3.2 million shares, would be included in the diluted earnings per share calculation.