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Earnings Per Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share |
Earnings Per Share | 3. Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended March 31, | ​
​ | ​ | 2024 | ​ | 2023 | ​
​ | ​ | (In thousands, except per share amounts) | ​
Numerator: |  | ​ |  |  | ​ |  |
Net earnings | ​ | $ | 6,650 | ​ | $ | 7,445 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ |  |  | ​ |  |  | ​
Basic weighted average shares outstanding | ​ |  | 9,436 | ​ |  | 9,483 | ​
Effect of dilutive securities: | ​ |  |  | ​ |  |  | ​
Employee share-based awards | ​ |  | 144 | ​ |  | 62 | ​
Diluted weighted average shares outstanding | ​ |  | 9,580 | ​ |  | 9,545 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share | ​ | $ | 0.70 | ​ | $ | 0.79 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share | ​ | $ | 0.69 | ​ | $ | 0.78 | ​
​ Diluted weighted average shares outstanding for the three months ended March 31, 2024, excluded anti-dilutive stock options totaling 395,000 shares of common stock at a weighted average exercise price of $30.15. Diluted weighted average shares outstanding for the three months ended March 31, 2023, excluded anti-dilutive stock options totaling 1,042,000 shares of common stock at a weighted average exercise price of $26.79.

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