Net Income per Share

12 Months Ended

Dec. 31, 2024

Net Income per Share

Net Income per Share

12.  Net Income per Share

The following is a reconciliation of the calculation of basic and diluted net income per share for the past two years:

	For the years ended December 31,
(In thousands, except per share amounts)	2024		2023
Net income	$	41,450	$	39,707
Weighted average common shares outstanding - Basic		10,031		10,207
Plus: Potential dilutive common stock equivalents		171		131
Weighted average common shares outstanding - Diluted		10,202		10,338
Net income per common share - Basic	$	4.13	$	3.89
Net income per common share - Diluted		4.06		3.84
Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive		—		—