v3.25.1
NET INCOME PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share
The computation of basic and diluted net income per share for the periods presented in the Condensed Consolidated Financial Statements is shown in the tables below:
Three Months Ended March 31,
20252024
(In thousands, except per share amounts)
Net income attributable to Class A common shareholders$6,130 $11,550 
Less: Net income available to participating unvested restricted Class A common shareholders(1)
(3,362)(4,394)
Total net income attributable to Class A common shareholders
$2,768 $7,156 
Weighted average shares outstanding - basic
60,162 57,869 
Dilutive effect of unvested Class A common shares(2)
839 523 
Weighted average shares outstanding - diluted(3)
61,001 58,392 
Net income available per common share - basic
$0.05 $0.12 
Net income available per common share - diluted
$0.05 $0.12 
(1)Represents dividends paid to unvested Class A and Class C Shares, RSUs and PSUs.
(2)Includes dilutive effect from both RSUs and PSUs on unvested Class A common shares.
(3)The effect of an assumed exchange of outstanding Common Units (and the cancellation of a corresponding number of shares of outstanding Class C Common Stock) would have been anti-dilutive for all periods presented in which the Common Units were outstanding.