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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following schedule reconciles the computation of basic and diluted earnings per share for the periods indicated:

 

 

 

Three Months Ended March 31,

 

Dollars in thousands, except per share amounts

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net income

 

$

7,007

 

 

$

15,205

 

Denominator:

 

 

 

 

 

 

Weighted-average shares outstanding for basic earnings per share

 

 

9,610

 

 

 

9,569

 

Effect of dilutive securities

 

 

415

 

 

 

177

 

Weighted-average shares adjusted for dilutive securities

 

 

10,025

 

 

 

9,746

 

Earnings per share:

 

 

 

 

 

 

Basic

 

$

0.73

 

 

$

1.59

 

Diluted

 

$

0.70

 

 

$

1.56