v3.26.1
NET INCOME PER SHARE
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
The computation of basic and diluted net income per share for the periods presented in the Condensed Consolidated Financial Statements is shown in the tables below:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands, except per share amounts)
Net income attributable to Class A common shareholders$49,539 $23,645 $47,872 $29,775 
Less: Net income available to participating unvested restricted Class A common shareholders(1)
(946)(3,406)(4,127)(6,433)
Total net income attributable to Class A common shareholders$48,593 $20,239 $43,745 $23,342 
Weighted average shares outstanding - basic
75,138 61,721 70,550 60,946 
Dilutive effect of unvested Class A common shares(2)
674 507 899 747 
Weighted average shares outstanding - diluted(3)
75,812 62,228 71,449 61,693 
Net income available per common share - basic$0.65 $0.33 $0.62 $0.38 
Net income available per common share - diluted$0.64 $0.33 $0.61 $0.38 
(1)Represents dividends paid to unvested Class A Shares and RSUs.
(2)Includes dilutive effect from both RSUs and PSUs on unvested Class A common shares.
(3)The effect of an assumed exchange of outstanding Common Units (and the cancellation of a corresponding number of shares of outstanding Class C Common Stock) would have been anti-dilutive for all periods presented in which the Common Units were outstanding.