Annual report pursuant to Section 13 and 15(d)

Equity and Earnings Per Share (Tables)

v3.24.0.1
Equity and Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2023
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:
Year Ended December 31,
2023 2022 2021
Numerator:
Net income attributable to common shareholders $ 62,470  $ 94,926  $ 70,458 
Adjustment for accretion of tax equity financing fees (108) (116) (116)
Income attributable to common shareholders $ 62,362  $ 94,810  $ 70,342 
Denominator:
Basic weighted-average shares outstanding 52,140  51,841  50,855 
Effect of dilutive securities:
Stock options 1,087  1,437  1,413 
Diluted weighted-average shares outstanding 53,228  53,278  52,268 
Net income per share attributable to common shareholders:
Basic $ 1.20  $ 1.83  $ 1.38 
Diluted $ 1.17  $ 1.78  $ 1.35 
Potentially dilutive shares (1)
1,707  1,108  1,443 
(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.