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Earnings Per Share
 6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

(In thousands, except per share amounts)

 

Basic weighted average shares outstanding

 

 

37,210

 

 

 

 

37,655

 

 

 

 

37,299

 

 

 

 

37,698

 

Dilutive effect of stock options and
   full value awards

 

 

88

 

 

 

 

34

 

 

 

 

78

 

 

 

 

42

 

Diluted weighted average shares outstanding

 

 

37,298

 

 

 

 

37,689

 

 

 

 

37,377

 

 

 

 

37,740

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 $

 

1.91

 

 

 $

 

1.72

 

 

 $

 

2.31

 

 

 $

 

3.65

 

Diluted earnings per share

 

 

1.91

 

 

 

 

1.72

 

 

 

 

2.31

 

 

 

 

3.64

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and Full Value Awards totaling 152,256 shares and 445,089 shares for the three months ended June 30, 2025 and 2024, respectively, and 232,361 and 508,117 shares for the six months ended June 30, 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.