As discussed in Note 9 - Equity, the Company has Class A common stock and Class B common stock. Because the only differences between the two classes of common stock are related to voting rights, conversion rights and transfer restrictions applicable to shares of Class B common stock, the Company has not presented earnings per share under the two-class method, as the earnings per share are the same for both Class A common stock and Class B common stock. The following table summarizes the weighted-average number of basic common shares outstanding and the calculation of basic earnings per share for the periods presented (in thousands, except share and per share amounts):


	For the Three Months Ended December 31,
	2025		2024
Numerator
Net income (loss) attributable to common stockholders	$	17,205	$	(3,051)
Denominator
Weighted average number of common shares outstanding, basic	55,805,173		54,160,317
Net income (loss) per common share attributable to common stockholders, basic	$	0.31	$	(0.06)

The following table summarizes the calculation of the weighted-average number of diluted common shares outstanding and the calculation of diluted earnings per share for the periods presented (unaudited in thousands, except share and per share amounts):


	For the Three Months Ended December 31,
	2025		2024
Numerator
Net income (loss) attributable to common stockholders	$	17,205	$	(3,051)
Denominator
Weighted average number of basic common shares outstanding, basic	55,805,173		54,160,317
Effect of dilutive securities:

Restricted stock grants	240,776		—
Weighted average number of diluted common shares outstanding:	56,045,949		54,160,317
Net income (loss) per diluted common share attributable to common stockholders	$	0.31	$	(0.06)