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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Share and Weighted Average Shares Outstanding Used in Calculating Basic and Diluted Earnings per Share

The following table illustrates earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income

 

$

14,949

 

 

$

15,965

 

 

$

15,298

 

 

$

49,626

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares of Common Stock outstanding

 

 

30,479,846

 

 

 

31,186,867

 

 

 

30,618,564

 

 

 

31,420,826

 

Dilutive effect of restricted stock, restricted stock units and performance stock units

 

 

268,043

 

 

 

178,182

 

 

 

183,129

 

 

 

184,376

 

Diluted weighted average shares of Common Stock outstanding

 

 

30,747,889

 

 

 

31,365,049

 

 

 

30,801,693

 

 

 

31,605,202

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.49

 

 

$

0.51

 

 

$

0.50

 

 

$

1.58

 

Diluted earnings per share

 

$

0.49

 

 

$

0.51

 

 

$

0.50

 

 

$

1.57