12. Net Income (Loss) per Common Share and Common Unit Net income (loss) per common share and common unit was computed as follows (in thousands, except net income per common share and net income (loss) per common unit amounts):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2024 |
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2023 |
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2024 |
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|
2023 |
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Net income (loss) |
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$ |
7,641 |
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|
$ |
623 |
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|
$ |
9,890 |
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|
$ |
(6,896 |
) |
Denominator for basic and diluted earnings per common share: |
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Weighted-average common shares outstanding - basic |
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87,534 |
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n/a |
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|
87,534 |
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|
n/a |
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Effect of dilutive common shares |
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1,708 |
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n/a |
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|
1,708 |
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|
n/a |
|
Weighted average common shares outstanding—diluted |
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89,242 |
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n/a |
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|
89,242 |
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|
n/a |
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Net income per common shares—basic |
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$ |
0.09 |
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n/a |
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$ |
0.11 |
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|
n/a |
|
Net income per common shares—diluted |
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$ |
0.09 |
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|
n/a |
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$ |
0.11 |
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|
n/a |
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Denominator for basic and diluted earnings per common unit: |
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Weighted average common units outstanding—basic |
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n/a |
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|
|
204 |
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|
n/a |
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|
204 |
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Effect of dilutive common units |
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n/a |
|
|
|
— |
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|
n/a |
|
|
|
— |
|
Weighted average common units outstanding—diluted |
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n/a |
|
|
|
204 |
|
|
n/a |
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|
204 |
|
Net income (loss) per common unit—basic and diluted |
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n/a |
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|
$ |
3,061.24 |
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|
n/a |
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|
$ |
(33,799.70 |
) |
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