Schedule of Components of Basic and Diluted Net Income Per Share |
The components of basic and diluted net income per share attributable to Class A Common Stock are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | (In thousands, except per share data) | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Basic: | | | | | | | | Net income attributable to Class A Common Stock | $ | 78,117 | | | $ | 95,559 | | | $ | 181,044 | | | $ | 180,645 | | Less: Dividends and net income allocated to participating securities | 999 | | | 1,205 | | | 2,601 | | | 2,311 | | Net income, net of participating securities | $ | 77,118 | | | $ | 94,354 | | | $ | 178,443 | | | $ | 178,334 | | Weighted average number of common shares outstanding during the period - basic | 186,518 | | | 184,937 | | | 187,579 | | | 183,652 | | Net income per share of Class A Common Stock - basic | $ | 0.41 | | | $ | 0.51 | | | $ | 0.95 | | | $ | 0.97 | | | | | | | | | | Diluted: | | | | | | | | Net income attributable to Class A Common Stock | $ | 78,117 | | | $ | 95,559 | | | $ | 181,044 | | | $ | 180,645 | | Less: Dividends and net income allocated to participating securities | 999 | | | 1,206 | | | 2,601 | | | 2,311 | | Net income, net of participating securities | $ | 77,118 | | | $ | 94,353 | | | $ | 178,443 | | | $ | 178,334 | | Weighted average number of common shares outstanding during the period - basic | 186,518 | | | 184,937 | | | 187,579 | | | 183,652 | | Add: Dilutive effect of stock based compensation and other | 12 | | | 28 | | | 12 | | | 42 | | Weighted average number of common shares outstanding during the period - diluted | 186,530 | | | 184,965 | | | 187,591 | | | 183,694 | | Net income per share of Class A Common Stock - diluted | $ | 0.41 | | | $ | 0.51 | | | $ | 0.95 | | | $ | 0.97 | |
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