v3.24.2.u1
Net Income (Loss) per Common Share and Common Unit (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Summary of 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):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net income (loss)

 

$

7,641

 

 

$

623

 

 

$

9,890

 

 

$

(6,896

)

Denominator for basic and diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

87,534

 

 

n/a

 

 

 

87,534

 

 

n/a

 

Effect of dilutive common shares

 

 

1,708

 

 

n/a

 

 

 

1,708

 

 

n/a

 

Weighted average common shares outstanding—diluted

 

 

89,242

 

 

n/a

 

 

 

89,242

 

 

n/a

 

Net income per common shares—basic

 

$

0.09

 

 

n/a

 

 

$

0.11

 

 

n/a

 

Net income per common shares—diluted

 

$

0.09

 

 

n/a

 

 

$

0.11

 

 

n/a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted earnings per common unit:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common units outstanding—basic

 

n/a

 

 

 

204

 

 

n/a

 

 

 

204

 

Effect of dilutive common units

 

n/a

 

 

 

—

 

 

n/a

 

 

 

—

 

Weighted average common units outstanding—diluted

 

n/a

 

 

 

204

 

 

n/a

 

 

 

204

 

Net income (loss) per common unit—basic and diluted

 

n/a

 

 

$

3,061.24

 

 

n/a

 

 

$

(33,799.70

)