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Earnings Per Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

10. Earnings Per Share

The following table sets forth basic and diluted weighted average shares outstanding used to compute earnings per share:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

(In thousands, except per share amounts)

 

Basic weighted average shares outstanding

 

 

 

37,388

 

 

 

 

37,740

 

Dilutive effect of stock options and full value awards

 

 

 

68

 

 

 

 

50

 

Diluted weighted average shares outstanding

 

 

 

37,456

 

 

 

 

37,790

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

 $

 

0.40

 

 

 $

 

1.92

 

Diluted earnings per share

 

 

 

0.40

 

 

 

 

1.92

 

 

 

 

 

 

 

 

 

 

Stock options and Full Value Awards totaling 312,466 shares and 571,145 shares for the three months ended March 31, 2025 and 2024, respectively, were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The computation of diluted shares can vary among periods due, in part, to the change in the average price of the Company’s common stock.