XML 41 R19.htm IDEA: XBRL DOCUMENT v3.25.0.1
Weighted Average Common Shares
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Weighted Average Common Shares Weighted Average Common Shares
We calculate net income per common share - basic using the two class method. We calculate net income per common share - diluted using the more dilutive of the two class or treasury stock method. Unvested share awards are considered participating securities and the related impact on earnings are considered when calculating net income per common share - basic and net income per common share - diluted.
The calculation of net income per common share - basic and diluted is as follows (amounts in thousands, except per share data):

Year Ended December 31,
20242023
Numerators:
Net income$17,820 $25,965 
Income attributable to unvested share awards
(184)(219)
Net income used in calculating net income per common share - basic and diluted
$17,636 $25,746 
Denominators:
Weighted average common shares outstanding - basic and diluted14,712 14,625 
Net income per common share - basic and diluted$1.20 $1.76