XML 28 R15.htm IDEA: XBRL DOCUMENT v3.25.4
(Loss) Income per Common Share
 12 Months Ended
Dec. 31, 2025
(Loss) Income per Common Share [Abstract]  
(Loss) Income per Common Share Note 8: (Loss) Income per common share

Basic (loss) earnings per share is calculated by dividing net (loss) income by the weighted average number of shares outstanding during the period. Diluted (loss) earnings per share is calculated by dividing net (loss) income by the weighted average number of common shares outstanding, after taking into consideration all dilutive potential common shares outstanding during the period. In periods of net losses, all potentially dilutive outstanding stock awards are excluded from the Company’s calculation of earnings per share as their inclusion would have an anti-dilutive effect.

Basic and diluted net (loss) income per share was calculated as follows:

2025

2024

2023

(in thousands, except share and per share data)

Net (loss) income

$

(4,494)

$

2,321

$

10,071

Weighted average shares outstanding - basic

43,697,270

43,714,567

43,424,089

Effect of dilutive securities attributable to stock based awards

-

137,086

196,701

Weighted average shares outstanding - diluted

43,697,270

43,851,653

43,620,790

Basic net (loss) income per share

$

(0.10)

$

0.05

$

0.23

Diluted net (loss) income per share

$

(0.10)

$

0.05

$

0.23

Anti-dilutive securities excluded from earnings per share calculation

536,882

118,717

404,557