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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the three and nine months ended September 30, 2026 and 2025:
Three Months Ended September 30,Nine Months Ended September 30,
(shares presented in the table are in thousands)2026202520262025
Net income$22,815 $21,865 $65,782 $59,364 
Weighted average shares outstanding - basic19,380 19,224 19,323 19,185 
Dilutive effect of share-based compensation124 140 126 160 
Weighted average shares outstanding - diluted19,504 19,364 19,449 19,345 
Per share information:
Basic earnings per share$1.18 $1.14 $3.40 $3.09 
Diluted earnings per share1.17 1.13 3.38 3.07 
For the three and nine months ended September 30, 2026, the total average shares of the outstanding antidilutive restricted stock grants were 869 and 37,380 shares, respectively, compared to 1,600 and 73,000 for the three and nine months ended September 30, 2025, respectively. For the three and nine months ended September 30, 2026, the total average shares of the exercisable antidilutive stock options outstanding were zero. For the three and nine months ended September 30, 2025, the total average shares of the exercisable antidilutive stock options outstanding were zero and 1,900, respectively. Antidilutive shares are excluded from the computation of earnings per share as the grant price exceeded the average market price. The dilutive effect of share-based compensation in each period above relates to restricted stock awards and vested and unexercised stock options.