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NET INCOME PER SHARE | 3 Months Ended
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Mar. 31, 2025
NET INCOME PER SHARE |
NET INCOME PER SHARE | 8. NET INCOME PER SHARE Basic income per share is computed by dividing the net income by the weighted average shares outstanding. Diluted income per share is computed by dividing the net income by the weighted average diluted shares outstanding. A $0.32 per share special cash dividend on the Company’s common stock was declared on March 28, 2024, and paid on May 6, 2024 to stockholders of record as of the close of business on April 22, 2024. The aggregate payment was approximately $9.9 million. The computation of basic and diluted income per share (in thousands, except share and per share data) was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​
​ |  | 2025 |  | 2024 |
Net income | ​ | $ | 992 | ​ | $ | 5,846 | ​
Weighted average common shares outstanding | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ |  | 30,983,445 | ​ |  | 30,812,329 | ​
Dilutive common stock options, restricted stock unit awards and restricted stock awards | ​ | ​ | 51,744 | ​ | ​ | — | ​
Diluted | ​ | ​ | 31,035,189 | ​ | ​ | 30,812,329 | ​
Basic income per share of common stock | ​ | $ | 0.03 | ​ | $ | 0.19 | ​
Diluted income per share of common stock | ​ | $ | 0.03 | ​ | $ | 0.19 | ​
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