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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents earnings per share for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31,
(shares presented in the table are in thousands)20252024
Net income$18,051 $8,531 
Weighted average shares outstanding - basic19,157 10,349 
Dilutive effect of share-based compensation171 133 
Weighted average shares outstanding - diluted19,328 10,482 
Per share information:
Basic earnings per share$0.94 $0.82 
Diluted earnings per share0.93 0.81 
For the three months ended March 31, 2025 and 2024, there were average outstanding restricted award shares totaling 2,070 and 1,549 shares, respectively, excluded from the computation of earnings per share because the effect was antidilutive, 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 stock options assumed from the Merger.