Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2
Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Earnings Per Share The following table summarizes the weighted-average number of basic common shares outstanding and the calculation of basic earnings per share for the periods presented (unaudited in thousands, except share and per share amounts):
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2022 2021 2022 2021
Numerator
Net income (loss) attributable to common stockholders $ 12,168  $ 9,340  $ 8,261  $ 12,276 
Denominator
Weighted average number of common shares outstanding, basic 51,793,245  51,686,735  51,760,384  51,620,143 
Net income (loss) per common share attributable to common stockholders, basic $ 0.23  $ 0.18  $ 0.16  $ 0.24 
The following table summarizes the calculation of the weighted-average number of diluted common shares outstanding and the calculation of diluted earnings per share for the periods presented (unaudited in thousands, except share and per share amounts):
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2022 2021 2022 2021
Numerator
Net income (loss) attributable to common stockholders $ 12,168  $ 9,340  $ 8,261  $ 12,276 
Denominator
Weighted average number of basic common shares outstanding, basic 51,793,245  51,686,735  51,760,384  51,620,143 
Effect of dilutive securities:
Restricted stock grants under 2018 Equity Incentive Plan 95,266  177,668  168,043  106,852 
Weighted average number of diluted common shares outstanding 51,888,511  51,864,403  51,928,427  51,726,994 
Net income (loss) per diluted common share attributable to common stockholders $ 0.23  $ 0.18  $ 0.16  $ 0.24