Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2.2
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following is a reconciliation of the numerator and denominator for the computation of basic and diluted earnings per share:
Three Months Ended September 30, Nine Months Ended September 30,
(In thousands, except per share data) 2022 2021 2022 2021
Numerator:
Net income attributable to common shareholders $ 27,391  $ 17,423  $ 76,991  $ 42,252 
Adjustment for accretion of tax equity financing fees (27) (27) (81) (89)
Income attributable to common shareholders $ 27,364  $ 17,396  $ 76,910  $ 42,163 
Denominator:
Basic weighted-average shares outstanding 51,869  51,464  51,810  50,599 
Effect of dilutive securities:
Stock options 1,428  1,375  1,442  1,414 
Diluted weighted-average shares outstanding 53,297  52,839  53,252  52,013 
Net income per share attributable to common shareholders:
Basic $ 0.53  $ 0.34  $ 1.48  $ 0.83 
Diluted $ 0.51  $ 0.33  $ 1.44  $ 0.81 
Potentially dilutive shares (1)
1,262  993  1,087  1,429 
(1) Potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.