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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2022 |
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2021 |
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2022 |
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2021 |
Numerator |
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Net income (loss) attributable to common stockholders |
$ |
12,168 |
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$ |
9,340 |
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$ |
8,261 |
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$ |
12,276 |
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Denominator |
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Weighted average number of common shares outstanding, basic |
51,793,245 |
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51,686,735 |
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51,760,384 |
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51,620,143 |
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Net income (loss) per common share attributable to common stockholders, basic |
$ |
0.23 |
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$ |
0.18 |
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$ |
0.16 |
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$ |
0.24 |
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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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2022 |
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2021 |
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2022 |
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2021 |
Numerator |
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Net income (loss) attributable to common stockholders |
$ |
12,168 |
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$ |
9,340 |
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$ |
8,261 |
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$ |
12,276 |
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Denominator |
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Weighted average number of basic common shares outstanding, basic |
51,793,245 |
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51,686,735 |
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51,760,384 |
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51,620,143 |
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Effect of dilutive securities: |
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Restricted stock grants under 2018 Equity Incentive Plan |
95,266 |
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177,668 |
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168,043 |
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106,852 |
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Weighted average number of diluted common shares outstanding |
51,888,511 |
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51,864,403 |
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51,928,427 |
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51,726,994 |
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Net income (loss) per diluted common share attributable to common stockholders |
$ |
0.23 |
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$ |
0.18 |
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$ |
0.16 |
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$ |
0.24 |
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