v3.25.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of the basic and diluted earnings per common share for the three months ended March 31, 2025 and 2024 (in thousands except shares and per share information):

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31, 2025

 

 

March 31, 2024

 

Earnings per common share - basic

 

 

 

 

 

 

Numerator for basic earnings per share

 

$

27,087

 

 

$

14,508

 

Denominator for basic weighted average shares

 

 

62,555,531

 

 

 

46,748,386

 

Earnings/(Loss) per common share - basic

 

$

0.43

 

 

$

0.31

 

Earnings per common share - diluted

 

 

 

 

 

 

Numerator for increase in net assets per share

 

 

27,087

 

 

 

14,508

 

Adjustment for dilutive effect of Option Awards and Convertible Notes

 

 

 

 

 

916

 

Numerator for diluted earnings per share

 

 

27,087

 

 

 

15,424

 

Denominator for basic weighted average shares

 

 

62,555,531

 

 

 

46,748,386

 

Adjustment for dilutive effect of Option Awards and Convertible Notes

 

 

 

 

 

3,847,265

 

Denominator for diluted weighted average shares

 

 

62,555,531

 

 

 

50,595,651

 

Earnings/(Loss) per common share - diluted

 

$

0.43

 

 

$

0.30