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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share

Diluted income (loss) per share adjusts basic income (loss) per share for the effects of potentially dilutive common shares.

 

 

 

 

 

 

 

 

 

 

 

For the period October 15,

 

 

Year Ended

 

2013 through

(in thousands, except per share data)

 

December 31, 2014

 

December 31, 2013

Net income available to common stockholders

 

$                        15,072

 

$                           3,154

Weighted average shares outstanding—basic

 

29,055 

 

28,973 

Net income per share—basic

 

$                            0.52

 

$                             0.11

 

 

 

 

 

Net income

 

$                        19,103

 

$                           4,002

Weighted average shares outstanding—diluted (1)

 

37,134 

 

36,794 

Net income per share—diluted

 

$                            0.51

 

$                             0.11

 

 

(1) Includes 7,770 Class A and Class RS units,  195 “in the money” value of Class O units on an “as if” converted basis and 114 “in the money” value options to purchase shares of Class A common stock on an “as if” converted basis as of the year ended December 31, 2014. As of the year ended December 31, 2013, this amount includes 7,797 Class A and Class RS units and 24 “in the money” value of Class O units