Quarterly report [Sections 13 or 15(d)]

Earnings Per Share ("EPS") (Tables)

v3.26.1
Earnings Per Share ("EPS") (Tables)
6 Months Ended
Jun. 30, 2026
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 presented below (in thousands, except per share data):
For the Three Months Ended June 30, For the Six Months Ended June 30,
2026 2025 2026 2025
Numerator
Net income attributable to common shareholders $ 46,437  $ 38,347  $ 84,993  $ 73,087 
Income attributable to share-based compensation awards for basic EPS (219) (157) (409) (323)
Numerator for basic EPS on net income attributable to common shareholders 46,218  38,190  84,584  72,764 
Adjustment to income attributable to share-based compensation awards for diluted EPS 36  45  66  94 
Numerator for diluted EPS on net income attributable to common shareholders $ 46,254  $ 38,235  $ 84,650  $ 72,858 
Denominator (all weighted averages)
Denominator for basic EPS (common shares) 112,871  112,459  112,839  112,421 
Dilutive effect of share-based compensation awards 938  765  984  744 
Dilutive exchangeable debt 1,087  —  763  — 
Denominator for diluted EPS (common shares) 114,896  113,224  114,586  113,165 
Basic EPS attributable to common shareholders $ 0.41  $ 0.34  $ 0.75  $ 0.65 
Diluted EPS attributable to common shareholders $ 0.40  $ 0.34  $ 0.74  $ 0.64 
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 June 30, For the Six Months Ended June 30,
2026 2025 2026 2025
Conversion of common units 2,231  2,177  2,147  2,113 
Conversion of redeemable noncontrolling interest 724  826  759  850