Quarterly report [Sections 13 or 15(d)]

Earnings Per Share ("EPS") (Tables)

v3.25.3
Earnings Per Share ("EPS") (Tables)
9 Months Ended
Sep. 30, 2025
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,
  2025 2024 2025 2024
Numerator    
Net income attributable to common shareholders $ 41,727  $ 36,085  $ 114,814  $ 103,808 
Income attributable to share-based compensation awards for basic EPS (161) (127) (484) (385)
Numerator for basic EPS on net income attributable to common shareholders 41,566  35,958  114,330  103,423 
Adjustment to income attributable to share-based compensation awards for diluted EPS 28  23  144  66 
Numerator for diluted EPS on net income attributable to common shareholders $ 41,594  $ 35,981  $ 114,474  $ 103,489 
Denominator (all weighted averages)    
Denominator for basic EPS (common shares) 112,485  112,314  112,442  112,279 
Dilutive effect of share-based compensation awards 702  696  749  566 
Denominator for diluted EPS (common shares) 113,187  113,010  113,191  112,845 
Basic EPS attributable to common shareholders $ 0.37  $ 0.32  $ 1.02  $ 0.92 
Diluted EPS attributable to common shareholders $ 0.37  $ 0.32  $ 1.01  $ 0.92 
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,
  2025 2024 2025 2024
Conversion of common units 2,182  1,696  2,136  1,675 
Conversion of redeemable noncontrolling interest 804  747  834  873