Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2026

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):


	Three Months Ended
	March 31,
	2026		2025
Net income	$	24,956	$	22,221
Less income allocated to non-controlling interests		(1,363)		(1,541)
Less non-forfeitable dividends on participating securities		(156)		(163)
Net income available to common stockholders–basic and diluted		23,437		20,517

Shares for basic net income per share		48,543		45,333
Effect of dilutive securities:
Performance-based stock units		426		350
Total effect of dilutive securities		426		350
Shares for diluted net income per share		48,969		45,683

Basic net income per share	$	0.48	$	0.45
Diluted net income per share	$	0.48	$	0.45