| 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 (in thousands, except share and per share amounts):
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For the Three Months Ended December 31, |
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2021 |
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2020 |
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| Numerator |
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| Net income attributable to common shareholders |
$ |
5,511 |
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|
$ |
7,871 |
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| Denominator |
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| Weighted average number of common shares outstanding, basic |
51,696,004 |
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|
51,489,211 |
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| Net income per common share attributable to common shareholders, basic |
$ |
0.11 |
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$ |
0.15 |
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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 December 31, |
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2021 |
|
2020 |
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| Numerator |
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|
|
| Net income attributable to common stockholders |
$ |
5,511 |
|
|
$ |
7,871 |
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| Denominator |
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|
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| Weighted average number of basic common shares outstanding, basic |
51,696,004 |
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|
51,489,211 |
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| Effect of dilutive securities: |
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| Restricted stock grants |
281,970 |
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|
228,637 |
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| Weighted average number of diluted common shares outstanding: |
51,977,974 |
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|
51,717,848 |
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| Net income per diluted common share attributable to common stockholders |
$ |
0.11 |
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$ |
0.15 |
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