v3.26.3
Earnings per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic and diluted earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if outstanding stock options at the presented dates are exercised and shares of restricted stock have vested. For the three months ended September 30, 2026 and 2025, 8,879 and 22,751 potentially dilutive securities, respectively, and for the nine months ended September 30, 2026 and 2025, 27,636 and 15,589 potentially dilutive securities, respectively, were excluded from the calculation of diluted earnings per share. The effect of these shares was anti-dilutive under the treasury stock method, as the assumed proceeds of the options and restricted stock per unit were above our average share price during the periods.
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Numerator:
Net income $5,019 $2,308 $9,115 $7,600 
Denominator:
Basic weighted-average common shares outstanding11,573,30211,353,32911,505,83411,298,986
Dilutive shares593,137500,301544,836638,383
Diluted weighted-average common shares outstanding12,166,43911,853,63012,050,67011,937,369
Basic earnings per share $0.43 $0.20 $0.79 $0.67 
Diluted earnings per share$0.41 $0.19 $0.76 $0.64