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Net Income Per Common Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income Per Common Share NET INCOME PER SHARE OF COMMON STOCK
Net income per share of common stock is computed based on the weighted average number of common shares outstanding during the period. Diluted net income per share of common stock is computed similarly but includes the effect of the assumed exercise of dilutive restricted stock under the treasury stock method.
The computation of basic and diluted net income per share of common stock (in thousands, except for per share data) is as follows:
Three months ended
June 30,
Six months ended
June 30,
2025202420252024
Net income$4,052 $6,419 $6,235 $10,178 
Weighted average shares of common stock outstanding — basic8,570 8,711 8,593 8,705 
Effect of weighted average dilutive securities50 62 111 114 
Weighted average common and potentially issuable shares of common stock outstanding — diluted8,620 8,773 8,704 8,819 
Basic net income per share of common stock$0.47 $0.74 $0.73 $1.17 
Diluted net income per share of common stock$0.47 $0.73 $0.72 $1.15