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Equity and EPS (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Basic and Diluted EPS
The computations of basic and diluted EPS:
Quarter Ended September 30,Year to Date Ended September 30,
2022202120222021
Operations:
Net income(a)
$23,628 $23,673 $86,361 $59,159 
Net loss attributable to noncontrolling interest180 203 444 279 
Income attributable to participating securities (unvested shares and units)(b)
(188)(175)(688)(471)
Net income used in EPS calculation$23,620 $23,701 $86,117 $58,967 
Share information:
Basic weighted average common shares(c)
22,008,381 21,981,201 22,000,026 20,293,818 
Diluted weighted average common shares(c)(d)
22,228,814 21,981,201 22,000,026 20,293,818 
Basic EPS$1.07 $1.08 $3.91 $2.91 
Diluted EPS$1.06 $1.08 $3.91 $2.91 
(a)Net income attributable to all shareholders.
(b)Participating securities included 176,398 and 163,024 unvested restricted stock units (“RSUs”), at September 30, 2022 and 2021, respectively.
(c)Under the two-class method, basic and diluted weighted average common shares at September 30, 2022 and 2021 exclude unvested participating securities.
(d)The impacts of the Convertible Senior Notes were included in the diluted weighted average common shares if the inclusion was dilutive. The Convertible Senior Notes would only have a dilutive impact if the average market price per share during the quarter and year to date period exceeds the conversion price of $96.24 per share.
Schedule of Common Stock Activity
Common Stock Share Activity.
Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2021437 21,964,314 
Issuance of Common Stock— 29,807 
Repurchase of Common Stock (a)
— (9,021)
Balance, March 31, 2022437 21,985,100 
Issuance of Common Stock 7,655 
Repurchase of Common Stock(a)
 (4)
Balance, June 30, 2022437 21,992,751 
Issuance of Common Stock 606 
Repurchase of Common Stock(a)
 (2)
Balance, September 30, 2022437 21,993,355 
Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2020437 16,915,862 
Issuance of Common Stock— 35,114 
Repurchase of Common Stock (a)
 (10,376)
Balance, March 31, 2021437 16,940,600 
Issuance of Common Stock— 5,022,122 
Repurchase of Common Stock(a)
 (1,489)
Balance, June 30, 2021437 21,961,233 
Issuance of Common Stock— 2,361 
Repurchase of Common Stock(a)
— (20)
Balance, September 30, 2021437 21,963,574 
(a)The Common Stock repurchases were for tax withholding on equity based compensation