Schedule 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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2024 |
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2023 |
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2024 |
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2023 |
Numerator |
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Net income attributable to common stockholders |
$ |
30,908 |
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$ |
21,677 |
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$ |
39,627 |
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$ |
18,088 |
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Denominator |
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Weighted average number of common shares outstanding, basic |
51,913,124 |
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51,827,448 |
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51,914,508 |
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51,826,578 |
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Net income per common share attributable to common stockholders, basic |
$ |
0.60 |
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$ |
0.42 |
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$ |
0.76 |
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$ |
0.35 |
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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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2024 |
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2023 |
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2024 |
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2023 |
Numerator |
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Net income attributable to common stockholders |
$ |
30,908 |
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$ |
21,677 |
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$ |
39,627 |
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$ |
18,088 |
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Denominator |
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Weighted average number of basic common shares outstanding, basic |
51,913,124 |
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51,827,448 |
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51,914,508 |
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51,826,578 |
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Effect of dilutive securities: |
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Restricted stock grants |
741,758 |
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466,398 |
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657,921 |
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287,860 |
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Weighted average number of diluted common shares outstanding |
52,654,882 |
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52,293,846 |
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52,572,429 |
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52,114,438 |
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Net income per diluted common share attributable to common stockholders |
$ |
0.59 |
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$ |
0.41 |
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$ |
0.75 |
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$ |
0.35 |
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