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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Including Dilutive Effect of Stock Awards

Earnings per share (“EPS”), including the dilutive effect of stock awards for each period reported is summarized below:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(in thousands, except per share data)

 

2025

 

 

2024

 

 

2025

 

 

 

 

2024

 

Net Income

 

$

23,766

 

 

$

32,679

 

 

$

74,278

 

 

 

 

$

85,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of basic shares outstanding during the period

 

 

18,432

 

 

 

18,760

 

 

 

18,447

 

 

 

 

 

18,752

 

Dilutive effect of stock awards

 

 

94

 

 

 

150

 

 

 

95

 

 

 

 

 

163

 

Weighted-average number of diluted shares outstanding during the period

 

 

18,526

 

 

 

18,910

 

 

 

18,542

 

 

 

 

 

18,915

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

1.29

 

 

$

1.74

 

 

$

4.03

 

 

 

 

$

4.57

 

Diluted EPS

 

$

1.28

 

 

$

1.73

 

 

$

4.01

 

 

 

 

$

4.53