EARNINGS PER UNIT

6 Months Ended

Jun. 30, 2023

The computation of net income (loss) per Class A unit is set forth below:


	Three months ended June 30,				Six months ended June 30,
	2023		2022		2023		2022
	(in thousands, except per unit amounts)
Net income (loss) per Class A unit (basic and diluted):
Net income (loss) attributable to OCG Class A unitholders	$	(6,335)	$	(21,356)	$	32,594	$	(10,503)
Weighted average number of Class A units outstanding (basic and diluted)	108,796		102,820		105,954		100,989
Basic and diluted net income (loss) per Class A unit	$	(0.06)	$	(0.21)	$	0.31	$	(0.10)

OCGH units are not exchangeable into Class A units. As the restrictions set forth in the then-current exchange agreement were in place for each applicable reporting period, OCGH units were not included in the computation of diluted earnings per unit for the three and six months ended June 30, 2023 and 2022.