v3.26.3
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period. For purposes of determining diluted earnings per share, basic weighted-average common shares outstanding is adjusted to include potentially dilutive securities, including restricted stock, stock options, and restricted stock units. The treasury-stock method is used to measure the dilutive impact of potentially dilutive shares. Potentially dilutive shares are excluded from the diluted weighted-average shares outstanding computation in periods in which they have an anti-dilutive effect. The following table shows the calculation of basic and diluted earnings per share (in thousands, except per share amounts):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Net Income from Continuing Operations$1,732 $729 $11,008 $5,533 
Net Income from Discontinued Operations, Net of Tax— 3,016 13,719 6,081 
Net Income$1,732 $3,745 $24,727 $11,614 
Basic weighted-average common shares outstanding13,203 13,031 13,180 12,978 
Add: Dilutive effect of restricted stock69 112 92 121 
Add: Dilutive effect of stock options— 44 — 50 
Add: Dilutive effect of restricted stock units8 3 8 1 
Diluted weighted-average common shares outstanding13,280 13,190 13,280 13,150 
Net income per share:
Continuing operations - Basic$0.13 $0.06 $0.84 $0.42 
Discontinued operations - Basic$— $0.23 $1.04 $0.47 
Net income - Basic$0.13 $0.29 $1.88 $0.89 
Continuing operations - Diluted$0.13 $0.05 $0.83 $0.42 
Discontinued operations - Diluted$— $0.23 $1.03 $0.46 
Net income - Diluted$0.13 $0.28 $1.86 $0.88 

The following table shows the shares that have an anti-dilutive effect and are excluded from the diluted weighted-average shares outstanding computations (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Anti-dilutive effect of restricted stock— — 36 13 
Anti-dilutive effect of stock options outstanding— 156 — 156 
Anti-dilutive effect of restricted stock units outstanding249 191 231 171