| 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):
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For the Three Months Ended June 30, |
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For the Nine Months Ended June 30, |
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2023 |
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2022 |
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2023 |
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2022 |
| Numerator |
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| Net income attributable to common stockholders |
$ |
21,677 |
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$ |
12,168 |
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$ |
18,088 |
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$ |
8,261 |
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| Denominator |
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| Weighted average number of common shares outstanding, basic |
51,827,448 |
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51,793,245 |
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51,826,578 |
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51,760,384 |
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| Net income per common share attributable to common stockholders, basic |
$ |
0.42 |
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$ |
0.23 |
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$ |
0.35 |
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$ |
0.16 |
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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):
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For the Three Months Ended June 30, |
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For the Nine Months Ended June 30, |
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2023 |
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2022 |
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2023 |
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2022 |
| Numerator |
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| Net income attributable to common stockholders |
$ |
21,677 |
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$ |
12,168 |
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$ |
18,088 |
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$ |
8,261 |
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| Denominator |
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| Weighted average number of basic common shares outstanding, basic |
51,827,448 |
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51,793,245 |
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51,826,578 |
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51,760,384 |
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| Effect of dilutive securities: |
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| Restricted stock grants |
466,398 |
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95,266 |
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287,860 |
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168,043 |
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| Weighted average number of diluted common shares outstanding |
52,293,846 |
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51,888,511 |
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52,114,438 |
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51,928,427 |
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| Net income per diluted common share attributable to common stockholders |
$ |
0.41 |
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$ |
0.23 |
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$ |
0.35 |
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$ |
0.16 |
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