The following table reconciles the numerators and denominators in the computation of basic and diluted earnings per common share for the years ended December 31, 2024, 2023 and 2022.
| | | | | | | | | | | | | | | | | | | | | | | Year ended December 31, | | Earnings Per Share (in thousands, except per share data) | | 2024 | | 2023 | | 2022 | | Numerator | | | | | | | | Net income attributable to common stockholders | | $ | 189,038 | | | $ | 192,633 | | | $ | 178,089 | | | Denominator | | | | | | | | Weighted average common shares outstanding — basic | | 182,160 | | | 180,221 | | | 178,753 | | Effect of dilutive securities(1) | | | | | | | | Share-based compensation | | 244 | | | 332 | | | 187 | | | Shares issuable under forward sale agreements | | — | | | 2 | | | — | | | Weighted average common shares outstanding — diluted | | 182,404 | | | 180,555 | | | 178,940 | | | Net income per share — basic and diluted | | | | | | | | Net income per share attributable to common stockholders — basic | | $ | 1.04 | | | $ | 1.07 | | | $ | 1.00 | | | Net income per share attributable to common stockholders — diluted | | $ | 1.04 | | | $ | 1.07 | | | $ | 1.00 | |
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