Quarterly report [Sections 13 or 15(d)]

Earnings Per Share ("EPS") (Tables)

v3.26.3
Earnings Per Share ("EPS") (Tables)
9 Months Ended
Sep. 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 September 30, For the Nine Months Ended September 30,
2026 2025 2026 2025
Numerator
Net income attributable to common shareholders $ 47,741  $ 41,727  $ 132,734  $ 114,814 
Income attributable to share-based compensation awards for basic EPS (220) (161) (628) (484)
Numerator for basic EPS on net income attributable to common shareholders 47,521  41,566  132,106  114,330 
Adjustment to income attributable to share-based compensation awards for diluted EPS 37  28  103  144 
Numerator for diluted EPS on net income attributable to common shareholders $ 47,558  $ 41,594  $ 132,209  $ 114,474 
Denominator (all weighted averages)
Denominator for basic EPS (common shares) 112,886  112,485  112,855  112,442 
Dilutive effect of share-based compensation awards 945  702  971  749 
Dilutive exchangeable debt 2,088  —  1,183  — 
Denominator for diluted EPS (common shares) 115,919  113,187  115,009  113,191 
Basic EPS attributable to common shareholders $ 0.42  $ 0.37  $ 1.17  $ 1.02 
Diluted EPS attributable to common shareholders $ 0.41  $ 0.37  $ 1.15  $ 1.01 
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,
2026 2025 2026 2025
Conversion of common units 2,237  2,182  2,177  2,136 
Conversion of redeemable noncontrolling interest 724  804  747  834