Annual report pursuant to Section 13 and 15(d)

Equity and Earnings Per Share (Tables)

v3.22.0.1
Equity and Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2021
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,
2021 2020 2019
Numerator:
Net income attributable to common shareholders $ 70,458  $ 54,052  $ 44,436 
Adjustment for accretion of tax equity financing fees (116) (121) — 
Income attributable to common shareholders $ 70,342  $ 53,931  $ 44,436 
Denominator:
Basic weighted-average shares outstanding 50,855  47,702  46,586 
Effect of dilutive securities:
Stock options 1,413  1,304  1,188 
Diluted weighted-average shares outstanding 52,268  49,006  47,774 
Net income per share attributable to common shareholders:
Basic $ 1.38  $ 1.13  $ 0.95 
Diluted $ 1.35  $ 1.10  $ 0.93 
Potentially dilutive shares (1)
1,443  1,199  806 
(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.