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Shareholders’ Equity
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Shareholders’ Equity

Note 12. Shareholders’ Equity

 

Dividends

 

On June 10, 2025, the Company declared a regular quarterly dividend of $0.15 per share, or $0.60 per share on an annualized basis. The dividend was paid on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025.

 

Earnings per Share

 

The following table sets forth the computation of the basic and diluted earnings per share for the three and six months ended June 30, 2025, and 2024:

 

   2025   2024   2025   2024 
  

Three months ended

June 30,

  

Six months ended

June 30,

 
   2025   2024   2025   2024 
Numerator for basic and diluted earnings per share                    
Net Income attributable to parent  $44,083   $35,028   $86,272   $64,758 
                     
Denominator                    
Denominator for basic earnings per ordinary share - weighted average shares outstanding   46,988,155    46,996,705    46,989,650    46,996,706 
Effect of dilutive securities and stock dividend   -    -    -    - 
Denominator for diluted earnings per ordinary share - weighted average shares outstanding   46,988,155    46,996,705    46,989,650    46,996,706 
Basic earnings per ordinary share  $0.94   $0.75   $1.84   $1.38 
Diluted earnings per ordinary share  $0.94   $0.75   $1.84   $1.38