Earnings Per Share

6 Months Ended

Jun. 30, 2021

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2021 and 2020 (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Earnings per Common Share - basic:
Numerator:
Net income	$	28,060	$	23,236	$	57,371	$	198,545
Net income attributable to noncontrolling interests in CPLP from continuing operations	(5)		(5)		(11)		(307)
Net loss (income) attributable to other noncontrolling interests	98		(130)		(97)		(194)
Net income available to common stockholders	$	28,153	$	23,101	$	57,263	$	198,044

Denominator:
Weighted average common shares - basic	148,665		148,548		148,644		147,986


Net income per common share - basic	$	0.19	$	0.16	$	0.39	$	1.34

Earnings per common share - diluted:
Numerator:
Net income	$	28,060	$	23,236	$	57,371	$	198,545
Net loss (income) attributable to other noncontrolling interests	98		(130)		(97)		(194)
Net income available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP	$	28,158	$	23,106	$	57,274	$	198,351

Denominator:
Weighted average common shares - basic	148,665		148,548		148,644		147,986
Add:
Potential dilutive common shares - stock options	—		5		2		10
Potential dilutive common shares - restricted stock units, less shares assumed purchased at market price	50		2		45		2
Weighted average units of CPLP convertible into common shares	25		25		25		572
Weighted average common shares - diluted	148,740		148,580		148,716		148,570


Net income per common share - diluted	$	0.19	$	0.16	$	0.39	$	1.34