Quarterly report [Sections 13 or 15(d)]

Income (Loss) Per Share and Shareholders' Equity (Tables)

v3.25.3
Income (Loss) Per Share and Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of basic and diluted income per share for the three and nine months ended September 30, 2025 and 2024 (in thousands, except per share data):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,559

 

 

$

2,317

 

 

$

4,812

 

 

$

10,446

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

 

16,018

 

 

 

16,489

 

 

 

16,180

 

 

 

16,373

 

Effect of dilutive share-based awards

 

 

130

 

 

 

239

 

 

 

229

 

 

 

409

 

Weighted average diluted shares

 

 

16,148

 

 

 

16,728

 

 

 

16,409

 

 

 

16,782

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per share

 

$

0.10

 

 

$

0.14

 

 

$

0.30

 

 

$

0.64

 

Diluted income per share

 

$

0.10

 

 

$

0.14

 

 

$

0.29

 

 

$

0.62