The following information sets forth the computation of the Company's basic and diluted net increase in net assets per share resulting from operations for the years ended March 31, 2026, 2025 and 2024 (dollars and shares in thousands):


	Years Ended March 31,
		2026		2025		2024
Earnings per share - basic
Numerator for basic earnings per share		$	112,995	$	70,548	$	83,389
Adjustment for income allocated to participating securities		(1,216)		(689)		—
Numerator for basic earnings per common share		111,779		69,859		83,389
Denominator for basic earnings per common share		56,530		47,448		40,727
Basic earnings per common share		$	1.98	$	1.47	$	2.05
Earnings per share - diluted (1)
Numerator for increase in net assets per share		$	111,779	$	69,859	$	83,389
Adjustment for interest and amortization on 2029 Convertible Notes		13,267		5,263		—
Numerator for diluted earnings per common share		$	125,046	$	75,122	$	83,389
Denominator for basic weighted average common share		56,530		47,448		40,727
Adjustment for dilutive effect of 2029 Convertible Notes		9,299		3,740		—
Denominator for diluted weighted average common shares		65,829		51,188		40,727
Diluted earnings per common share		$	1.90	$	1.47	$	2.05

(1)In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the years ended March 31, 2026, 2025 and 2024, there was no anti-dilution.