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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of weighted average number of common shares used to compute basic and dilute earnings per share
Net income and the weighted average number of common shares used to compute basic and diluted earnings per share was as follows:
For the Year ended December 31,
(in thousands, except per share data)202420232022
Numerator:
Net income$30,263 $90,990 $83,381 
Denominator:
Weighted average common shares outstanding16,467 16,682 16,760 
Weighted average dilutive securities59 155 220 
Weighted average common shares outstanding, diluted16,526 16,837 16,980 
Net income per share:
Basic$1.84 $5.45 $4.98 
Diluted$1.83 $5.40 $4.91 
Schedule of shares excluded from calculation of dilute securities The following table summarizes the shares of common stock underlying the Company’s unvested time-vested stock awards and performance awards that were excluded from the calculation of dilutive securities:
(in thousands)202420232022
Time-vested stock awards35 — — 
Performance awards30 13 13