Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Calculation of basic earnings per share (Basic EPS) and diluted earnings per share (Diluted EPS) is shown below.

	Year ended December 31,
(In thousands, except share and per share data)	2024		2023		2022
Basic
Net income available to common shareholders	$	70,850	$	9,505	$	85,030
Less: income attributable to unvested stock-based compensation awards	0		(42)		(250)
Net earnings allocated to common shareholders	70,850		9,463		84,780
Weighted average shares outstanding, including unvested stock-based compensation awards	14,404,233		14,442,077		14,532,448
Less: unvested stock-based compensation awards	(186,127)		(187,416)		(204,168)
Weighted average shares outstanding - Basic	14,218,106		14,254,661		14,328,280
Diluted
Net earnings allocated to common shareholders	$	70,850	$	9,463	$	84,780
Weighted average shares outstanding - Basic	14,218,106		14,254,661		14,328,280
Plus: incremental shares from assumed conversion of stock-based compensation awards	50,337		46,560		76,014
Weighted average shares outstanding - Diluted	14,268,443		14,301,221		14,404,294
Basic EPS	$	4.98	$	0.66	$	5.92
Diluted EPS	$	4.97	$	0.66	$	5.89