v3.26.3
Earnings Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share  
EARNINGS PER SHARE

3.    Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

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Three Months Ended September 30, 

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Nine Months Ended September 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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(In thousands, except per share amounts)

Numerator:

 

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Net earnings

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$

11,511

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$

6,586

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$

30,947

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$

14,385

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Denominator:

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Basic weighted average shares outstanding

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9,463

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9,445

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9,429

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9,488

Effect of dilutive securities:

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Employee share-based awards

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188

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90

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146

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97

Diluted weighted average shares outstanding

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9,651

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9,535

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9,575

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9,585

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Basic earnings per share

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$

1.22

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$

0.70

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$

3.28

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$

1.52

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Diluted earnings per share

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$

1.19

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$

0.69

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$

3.23

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$

1.50

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Diluted weighted average shares outstanding for the three months ended September 30, 2026 and 2025, excluded share-based awards totaling 45,000 and 228,000, respectively, as the impact of such awards was anti-dilutive. Diluted weighted average shares outstanding for the nine months ended September 30, 2026 and 2025, excluded share-based awards totaling 75,000 and 153,000, respectively, as the impact of such awards was anti-dilutive.