Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share ("EPS") (Tables)

v3.24.3
Earnings Per Share ("EPS") (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Basic and Diluted Earnings Per Share
Summaries of the numerator and denominator for purposes of basic and diluted EPS calculations are set forth below (in thousands, except per share data):
For the Three Months Ended September 30, For the Nine Months Ended September 30,
  2024 2023 2024 2023
Numerator:    
Net income (loss) attributable to common shareholders $ 36,085  $ (216,187) $ 103,808  $ (107,121)
Income attributable to share-based compensation awards for basic EPS (127) (992) (385) (1,093)
Numerator for basic EPS on net income (loss) attributable to common shareholders 35,958  (217,179) 103,423  (108,214)
Adjustment to income attributable to share-based compensation awards for diluted EPS 23  —  66  — 
Numerator for diluted EPS on net income (loss) attributable to common shareholders $ 35,981  $ (217,179) $ 103,489  $ (108,214)
Denominator (all weighted averages):    
Denominator for basic EPS (common shares) 112,314  112,196  112,279  112,170 
Dilutive effect of share-based compensation awards 696  —  566  — 
Denominator for diluted EPS (common shares) 113,010  112,196  112,845  112,170 
Basic EPS attributable to common shareholders $ 0.32  $ (1.94) $ 0.92  $ (0.96)
Diluted EPS attributable to common shareholders $ 0.32  $ (1.94) $ 0.92  $ (0.96)
Schedule of Securities Excluded from Computation of Diluted Earnings Per Share
Our diluted EPS computations do not include the effects of the following securities since the conversions of such securities would increase diluted EPS for the respective periods (in thousands):
Weighted Average Shares Excluded from Denominator
For the Three Months Ended September 30, For the Nine Months Ended September 30,
  2024 2023 2024 2023
Conversion of common units 1,696  1,520  1,675  1,508 
Conversion of redeemable noncontrolling interests 747  882  873  980