Earnings per share

12 Months Ended

Dec. 31, 2022

14.

Earnings per share

The following table presents the computation of earnings per share for the period from April 13, 2022 through December 31, 2022 (in thousands except share and per share amounts):


	For the period from April 13 – December 31, 2022
Net income	$	67,046
Less net income attributable to non-controlling interest		55,119
Less net loss attributable to non-controlling interest – ENE Onshore		(1,396	)
Net income attributable to shareholders – basic and diluted	$	13,323

Weighted average shares outstanding – basic		26,254,167
Dilutive effect of unvested restricted common stock		7,940
Issued upon assumed exercise of outstanding stock options		—
Class B Common Stock converted to Class A Common Stock		—
Weighted average shares outstanding – diluted		26,262,107

Earnings per share
Basic	$	0.51
Diluted	$	0.51

The following table presents the common stock shares equivalents excluded from the calculation of diluted earnings per share for the period from April 13, 2022 through December 31, 2022, as they would have had an antidilutive effect:


	For the period from April 13 – December 31, 2022
Restricted common stock		53
Stock options		150,314
Class B Common Stock		82,021,389