Earnings Per Share

9 Months Ended

Sep. 30, 2025

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share (shares in thousands):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2025		2024		2025		2024
Numerator:



Net income available to common stockholders	$	701	$	708	1,841		1,886
Denominator:
Denominator for basic earnings per share—weighted-average common shares	64,159		66,019		64,792		66,596
Effect of dilutive securities:
Employee stock options	1		2		1		3



Restricted stock units	116		164		96		168
Denominator for diluted earnings per share—adjusted weighted-average common shares	64,276		66,185		64,889		66,767
Basic earnings per share	$	10.93	$	10.73	$	28.42	$	28.33
Diluted earnings per share	$	10.91	$	10.70	$	28.37	$	28.25