Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2023 and 2022 ($ in thousands, except per share amounts):


	Three Months Ended March 31,
	2023		2022
Earnings per common share - basic:
Numerator:
Net income	$	22,356	$	28,163
Net income attributable to noncontrolling interests in CPLP from continuing operations	(4)		(6)
Net income attributable to other noncontrolling interests	(156)		(173)
Net income available to common stockholders	$	22,196	$	27,984

Denominator:
Weighted average common shares - basic	151,579		148,739


Net income per common share - basic	$	0.15	$	0.19

Earnings per common share - diluted:
Numerator:
Net income	$	22,356	$	28,163
Net income attributable to other noncontrolling interests	(156)		(173)
Net income available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP	$	22,200	$	27,990

Denominator:
Weighted average common shares - basic	151,579		148,739
Add:

Potential dilutive common shares - restricted stock units, less shares assumed purchased at market price	276		238
Weighted average units of CPLP convertible into common shares	25		25
Weighted average common shares - diluted	151,880		149,002


Net income per common share - diluted	$	0.15	$	0.19