EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2025

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE H – EARNINGS PER SHARE

The following table reflects the computation of basic and diluted earnings per common share:

	Three Months Ended
	March 31
	2025		2024
	(in thousands, except share and per share data)
Basic
Numerator:
Net income (loss) from continuing operations	$	3,131	$	(2,912)
Net income from discontinued operations		—		600
Net income (loss)	$	3,131	$	(2,312)
Denominator:
Weighted-average shares		23,198,805		23,561,309
Basic earnings per common share
Continuing operations	$	0.13	$	(0.12)
Discontinued operations		—		0.03
Total basic earnings per common share(1)	$	0.13	$	(0.10)
Diluted
Numerator:
Net income (loss) from continuing operations	$	3,131	$	(2,912)
Net income from discontinued operations		—		600
Net income (loss)	$	3,131	$	(2,312)
Denominator:
Weighted-average shares		23,198,805		23,561,309
Effect of dilutive securities		73,961		—
Adjusted weighted-average shares and assumed conversions		23,272,766		23,561,309
Diluted earnings per common share
Continuing operations	$	0.13	$	(0.12)
Discontinued operations		—		0.03
Total diluted earnings per common share(1)	$	0.13	$	(0.10)

(1) Earnings per common share is calculated in total and may not equal the sum of earnings per common share from continuing operations and discontinued operations due to rounding.