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Earnings Per Common Share And Share Awards (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three-month periods ended March 31:
Three Months Ended
March 31,
(in thousands, except per share amounts)
20252024
Net income $3,171 $4,525 
Weighted average common shares outstanding – Basic1,886 1,888 
Incremental shares outstanding assuming the exercise of dilutive SARs (share-settled)
9 
Weighted average common shares outstanding – Diluted
1,895 1,889 
Basic earnings per common share$1.68 $2.40 
Diluted earnings per common share$1.67 $2.40 
Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
(in thousands, except weighted average exercise price and average remaining contractual term)Number
Of Shares
Weighted
Average
Exercise Price
Average Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of January 1, 2024
42 $160.83 3.69$428 
SARs granted160.94   
SARs exercised(19)170.21   
Outstanding as of December 31, 202428 $154.71 3.90$2,312 
SARs granted    
SARs exercised(1)188.71 
Outstanding as of March 31, 202527 $152.80 3.86$2,355 
Exercisable as of March 31, 202523 $154.04 3.81$2,008 
Unvested as of March 31, 20254 $144.83 4.15$347