EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2026

EARNINGS PER SHARE

EARNINGS PER SHARE

16    EARNINGS PER SHARE

Basic and diluted weighted-average shares outstanding are as follows:

	Three months ended
	March 31,
	2026	2025
Basic weighted average shares outstanding	16,714	16,599
Dilutive effect of potential common shares	165	39
Diluted weighted average shares outstanding	16,879	16,638

For the three months ended March 31, 2026, the anti-dilutive common shares excluded from the calculation of diluted earnings per share were 13,000. For the three months ended March 31, 2025, the anti-dilutive common shares excluded from the calculation of diluted earnings per share were 70,000.