| Earnings Per Share |
Earnings Per Share As discussed in Note 9 - Equity, the Company has Class A common stock and Class B common stock. Because the only differences between the two classes of common stock are related to voting rights, conversion rights and transfer restrictions applicable to shares of Class B common stock, the Company has not presented earnings per share under the two-class method, as the earnings per share are the same for both Class A common stock and Class B common stock. 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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2021 |
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2020 |
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2021 |
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2020 |
| Numerator |
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| Net income (loss) attributable to common shareholders |
$ |
9,340 |
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$ |
15,747 |
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$ |
12,276 |
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$ |
22,745 |
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| Denominator |
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| Weighted average number of common shares outstanding, basic |
51,686,735 |
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51,489,211 |
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51,620,143 |
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51,489,211 |
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| Net income (loss) per common share attributable to common shareholders, basic |
$ |
0.18 |
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$ |
0.31 |
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$ |
0.24 |
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$ |
0.44 |
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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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2021 |
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2020 |
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2021 |
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2020 |
| Numerator |
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| Net income (loss) attributable to common stockholders |
$ |
9,340 |
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$ |
15,747 |
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$ |
12,276 |
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$ |
22,745 |
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| Denominator |
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| Weighted average number of basic common shares outstanding, basic |
51,686,735 |
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51,489,211 |
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51,620,143 |
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51,489,211 |
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| Effect of dilutive securities: |
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| Restricted stock grants under 2018 Equity Incentive Plan |
177,668 |
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157,174 |
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106,852 |
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134,416 |
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| Weighted average number of diluted common shares outstanding |
51,864,403 |
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51,646,385 |
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51,726,994 |
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51,623,627 |
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| Net income (loss) per diluted common share attributable to common stockholders |
$ |
0.18 |
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$ |
0.30 |
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$ |
0.24 |
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$ |
0.44 |
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