Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.4
Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
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):
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