| Schedule of Earnings Per Share, Basic and Diluted |
The following table summarizes the basic and diluted earnings (loss) per share calculations for the three and six months ended June 30, 2026 and 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Six months ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | Basic Earnings (Loss) per Share | in thousands (except per share amounts) | | Net income (loss) available to Class A Common Stockholders | $ | (1,668) | | | $ | 8,465 | | | $ | (8,189) | | | $ | 14,505 | | | | | Weighted average shares of Class A Common Stock outstanding | 101,797 | | | 90,698 | | | 101,418 | | | 90,374 | | | | | Basic earnings (loss) per share | $ | (0.02) | | | $ | 0.09 | | | $ | (0.08) | | | $ | 0.16 | | | | | | | | | | | | | | | Diluted Earnings (Loss) per Share | | | | | | | | | | | Net income (loss) available to Class A Common Stockholders | $ | (1,668) | | | $ | 8,465 | | | $ | (8,189) | | | $ | 14,574 | | | | | Weighted average shares of Class A Common Stock outstanding | 101,797 | | | 90,698 | | | 101,418 | | | 91,247 | | | | | Diluted earnings (loss) per share | $ | (0.02) | | | $ | 0.09 | | | $ | (0.08) | | | $ | 0.16 | | | | | | | | | | | | | | | Net income available to Class A Common Stockholders | | | | | | | | | | | Net income (loss) | $ | 8,041 | | | $ | 47,202 | | | $ | (4,704) | | | $ | 74,495 | | | | | Net (income) loss attributable to non-controlling interest | (7,761) | | | (36,229) | | | 493 | | | (55,151) | | | | | Accretion of Series A Convertible Preferred Stock | (1,948) | | | (1,875) | | | (3,978) | | | (3,750) | | | | | Undistributed earnings allocated to Series A Convertible Preferred Stock | — | | | (633) | | | — | | | (1,089) | | | | | Net income (loss) available to Class A Common Stockholders, Basic | (1,668) | | | 8,465 | | | (8,189) | | | 14,505 | | | | | Undistributed earnings reallocated to Series A Convertible Preferred Stock | — | | | — | | | — | | | — | | | | | Adjustment for potentially dilutive THG units | — | | | — | | | — | | | — | | | | | Adjustment for potentially dilutive Series A Convertible Preferred Stock | — | | | — | | | — | | | — | | | | | Adjustment for potentially dilutive share-based compensation awards | — | | | — | | | — | | | 69 | | | | | Net income (loss) available to Class A Common Stockholders, Diluted | $ | (1,668) | | | $ | 8,465 | | | $ | (8,189) | | | $ | 14,574 | | | | | | | | | | | | | | | Weighted Average Shares of Class A Common Stock Outstanding | | | | | | | | | | | Weighted average shares of Class A Common Stock outstanding, Basic | 101,797 | | | 90,698 | | | 101,418 | | | 90,374 | | | | | Adjustment for potentially dilutive THG units | — | | | — | | | — | | | — | | | | | Adjustment for potentially dilutive Series A Convertible Preferred Stock | — | | | — | | | — | | | — | | | | | Adjustment for potentially dilutive share-based compensation awards | — | | | — | | | — | | | 873 | | | | | Weighted average shares of Class A Common Stock outstanding, Diluted | 101,797 | | | 90,698 | | | 101,418 | | | 91,247 | | | |
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| Schedule of the Weighted Average Excluded from Diluted Earnings |
The following table summarizes the weighted average potential shares of Class A Common Stock excluded from diluted earnings (loss) per share of Class A Common Stock as their effect would be anti-dilutive or, for certain PRSUs, the performance conditions were not met for the three and six months ended June 30, 2026 and 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Six months ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | in thousands | THG units | 245,001 | | | 255,105 | | | 245,051 | | | 255,138 | | | | | Series A Convertible Preferred Stock | 6,785 | | | 6,785 | | | 6,785 | | | 6,785 | | | | | Unvested shares associated with share-based compensation awards | 7,951 | | | 8,580 | | | 7,979 | | | 4,453 | | | | | | | | | | | | | | | Total | 259,737 | | | 270,470 | | | 259,815 | | | 266,376 | | | |
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