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Earnings per Share

12 Months Ended

Dec. 31, 2024

Earnings per Share.

The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):


	Years Ended December 31
	2024		2023	2022
Common shares:

Weighted average common shares outstanding during the period – shares used for basic earnings per common share	18,882		18,840	18,772

Common shares issuable under share based payments plans which are potentially dilutive	88		82	98

Common shares used for diluted earnings per common share	18,970		18,922	18,870

Net income attributable to the Company	$	6,385	5,302	4,565

Earnings per common share:
-basic	$	0.34	0.28	0.24
-diluted	$	0.34	0.28	0.24

For 2024 the Company had 32,530 shares attributable to outstanding stock options that were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

During 2023 the Company repurchased 73,818 shares at an average cost of $27.10.