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Computation of Earnings Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
NOTE 10 - COMPUTATION OF EARNINGS PER SHARE
Basic earnings per share were computed by dividing net income by the weighted-average number of common shares outstanding for each respective period. Diluted earnings per share were calculated by dividing net income by the weighted-average of all potentially dilutive common shares that were outstanding during the periods presented.
The calculation of basic and diluted earnings per share for the three and nine months ended September 30, was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Numerator
Net income$2,626 $7,680 $26,848 $26,642 
Denominator
Determination of shares (in thousands)
Weighted-average common shares outstanding4,9154,9044,9254,911
Dilutive effect – share-based awards26732648
Diluted weighted-average common shares outstanding4,9414,9774,9514,959
Earnings per common share
Basic$0.53 $1.57 $5.45 $5.42 
Diluted$0.53 $1.54 $5.42 $5.37 
For the three and nine months ended September 30, 2025 and 2024, there were 7,500 and zero share-based awards, respectively, excluded from the calculation of diluted earnings per share as the effect would have been anti-dilutive.