XML 28 R21.htm IDEA: XBRL DOCUMENT v3.25.3
Earnings Per Share
 9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

(In thousands, except per share amounts)

 

Basic weighted average shares outstanding

 

 

37,023

 

 

 

 

37,527

 

 

 

 

37,207

 

 

 

 

37,641

 

Dilutive effect of stock options and
   full value awards

 

 

86

 

 

 

 

81

 

 

 

 

81

 

 

 

 

55

 

Diluted weighted average shares outstanding

 

 

37,109

 

 

 

 

37,608

 

 

 

 

37,288

 

 

 

 

37,696

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 $

 

1.84

 

 

 $

 

1.90

 

 

 $

 

4.15

 

 

 $

 

5.55

 

Diluted earnings per share

 

 

1.84

 

 

 

 

1.90

 

 

 

 

4.14

 

 

 

 

5.55

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and Full Value Awards totaling 133,720 shares and 208,102 shares for the three months ended September 30, 2025 and 2024, respectively, and 199,481 and 408,112 shares for the nine months ended September 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.