Quarterly report pursuant to Section 13 or 15(d)

Equity and Earnings Per Share (Tables)

v3.21.2
Equity and Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 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:
Three Months Ended June 30, Six Months Ended June 30,
(In thousands, except per share data) 2021 2020 2021 2020
Numerator:
Net income attributable to common shareholders $ 13,655  $ 4,365  $ 24,829  $ 10,566 
Adjustment for accretion of tax equity financing fees (30) —  (61) — 
Income attributable to common shareholders $ 13,625  $ 4,365  $ 24,768  $ 10,566 
Denominator:
Basic weighted-average shares outstanding 51,315  47,488  50,158  47,500 
Effect of dilutive securities:
Stock options 1,255  1,031  1,317  1,071 
Diluted weighted-average shares outstanding 52,570  48,519  51,475  48,571 
Net income per share attributable to common shareholders:
Basic $ 0.27  $ 0.09  $ 0.49  $ 0.22 
Diluted $ 0.26  $ 0.09  $ 0.48  $ 0.22 
Potentially dilutive shares (1)
1,718  1,450  1,423  1,388 
(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.