v3.26.3
EARNINGS PER SHARE
6 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
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 three and six months ended September 30, 2026 and 2025 (dollars and shares in thousands):

Three Months Ended September 30,Six Months Ended September 30,
2026202520262025
Earnings per share - basic
Numerator for basic earnings per share$21,436 $25,619 $46,167 $52,620 
Adjustment for income allocated to participating securities(313)(286)(674)(587)
Numerator for basic earnings per common share21,123 25,333 45,493 52,033 
Denominator for basic earnings per common share63,649 55,544 62,402 54,536 
Basic earnings per common share$0.33 $0.46 $0.73 $0.95 
Earnings per share - diluted (1)
Numerator for increase in net assets per share$21,123 $25,333 $45,493 $52,033 
Adjustment for interest and amortization on 2029 Convertible Notes3,317 3,317 6,634 6,633 
Numerator for diluted earnings per common share$24,440 $28,650 $52,127 $58,666 
Denominator for basic weighted average common share63,649 55,544 62,402 54,536 
Adjustment for dilutive effect of 2029 Convertible Notes9,388 9,286 9,376 9,273 
Denominator for diluted weighted average common shares73,037 64,830 71,778 63,809 
Diluted earnings per common share$0.33 $0.44 $0.73 $0.92 

(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 three and six months ended September 30, 2026 and 2025, there was no anti-dilution.