XML 108 R19.htm IDEA: XBRL DOCUMENT v3.25.1
Net Income Per Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The Company calculated net income per share using the treasury stock method. The table below sets forth the computation of basic and diluted net income per share:
Three Months Ended March 31,
20252024
(In thousands, except per share amounts)
Net income$28,633 $18,758 
Basic weighted-average common shares outstanding
21,111 19,891 
Restricted shares— 101 
Diluted weighted average common shares outstanding21,111 19,992 
Basic net income per share
$1.36 $0.94 
Diluted net income per share$1.36 $0.94 

The following shares were excluded from the calculation of diluted net income per share due to their anti-dilutive effect:
Three Months Ended March 31,
20252024
Restricted shares426,934 409,822