v3.26.1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2026
EARNINGS PER SHARE [Abstract]  
Computation of Basic and Diluted EPS
The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2026 and 2025:

   
Three Months Ended March 31,
  
(in thousands, except share data)
  
2026
    
2025
  
             
Numerator:
            
Net income
  
$
222
    
$
11,583
  
                 
Denominator:
                
Basic weighted-average common shares outstanding
    
8,102,509
      
8,501,204
  
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plan
    
322
      
9,460
  
Dilutive effect of service-based restricted stock awards granted to employees under the Plan
    
-
      
84,656
  
Diluted weighted-average common shares outstanding
    
8,102,831
      
8,595,320
  
                 
Basic earnings per share
    
0.03
      
1.36
  
Diluted earnings per share
    
0.03
      
1.35