| 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 December 31, |
|
2020 |
|
2019 |
| Numerator |
|
|
|
| Net income attributable to common shareholders |
$ |
7,871 |
|
|
$ |
5,461 |
|
| Denominator |
|
|
|
| Weighted average number of common shares outstanding, basic |
51,489,211 |
|
|
51,489,211 |
|
| Net income per common share attributable to common shareholders, basic |
$ |
0.15 |
|
|
$ |
0.11 |
|
|
|
|
|
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, |
|
2020 |
|
2019 |
| Numerator |
|
|
|
| Net income attributable to common stockholders |
$ |
7,871 |
|
|
$ |
5,461 |
|
| Denominator |
|
|
|
| Weighted average number of basic common shares outstanding, basic |
51,489,211 |
|
|
51,489,211 |
|
| Effect of dilutive securities: |
|
|
|
|
|
|
|
| 2019 restricted stock grants |
228,637 |
|
|
120,169 |
|
| Weighted average number of diluted common shares outstanding: |
51,717,848 |
|
|
51,609,380 |
|
| Net income per diluted common share attributable to common stockholders |
$ |
0.15 |
|
|
$ |
0.11 |
|
|