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Equity and EPS
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Equity and EPS Equity and EPS
The following table presents computations of basic and diluted EPS:
Quarter Ended September 30,Year to Date Ended September 30,
2024202320242023
Operations:
Net income(a)
$23,862 $13,088 $76,463 $76,084 
Net loss attributable to noncontrolling interest43 123 162 324 
Income attributable to participating securities (unvested shares and units)(b)
(257)(129)(828)(760)
Net income used in EPS calculation$23,648 $13,082 $75,797 $75,648 
Share information:
Basic weighted average common shares(c)
22,069,885 22,066,159 22,110,315 22,056,270 
Diluted weighted average common shares(d)
22,069,885 22,381,516 22,110,315 22,207,031 
Basic EPS$1.07 $0.59 $3.43 $3.43 
Diluted EPS$1.07 $0.58 $3.43 $3.41 
(a)Net income attributable to all stockholders.
(b)Participating securities included 243,243 and 226,410 unvested restricted stock units (“RSUs”) at September 30, 2024 and 2023, respectively.
(c)Under the two-class method, basic weighted average common shares 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.

Share Repurchase. On February 29, 2024, the Company announced that its Board of Directors approved a $100,000 share repurchase program. Under the share repurchase program, the Company can repurchase stock from time to time for cash in open market purchases, privately negotiated transactions, or by other means, in accordance with applicable securities laws and other legal requirements. The repurchase program has no expiration date and may be modified, suspended, or discontinued at any time by the Company without prior notice. During the quarter and year to date ended September 30, 2024, the Company repurchased 35,913 and 128,360 shares, respectively, of Common Stock for approximately $2,500 and $10,000, respectively. As of September 30, 2024, there was approximately $90,000 remaining under the share repurchase program.
Common Stock Share Activity. The following table presents the Company’s share activity:
Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2023437 22,016,113 
Issuance of Common Stock— 74,913 
Repurchase of Common Stock (a)
— (81,969)
Balance, March 31, 2024437 22,009,057 
Issuance of Common Stock— 14,627 
Repurchase of Common Stock(a)
— (35,999)
Balance, June 30, 2024437 21,987,685 
Issuance of Common Stock— 809 
Repurchase of Common Stock(a)
— (35,913)
Balance, September 30, 2024437 21,952,581 

Shares Outstanding
Capital Stock PreferredCommon Stock
Balance, December 31, 2022437 21,994,042 
Issuance of Common Stock— 23,324 
Repurchase of Common Stock (b)
— (8,437)
Balance, March 31, 2023437 22,008,929 
Issuance of Common Stock— 5,445 
Balance, June 30, 2023437 22,014,374 
Issuance of Common Stock— 822 
Balance, September 30, 2023437 22,015,196 
(a)59,084, 33,363 and 35,913 shares that were repurchased during the quarters ended March 31, 2024, June 30, 2024, and September 30, 2024, respectively, pursuant to the Company’s share repurchase program. The remaining shares repurchased were related to the tax withholding on equity-based compensation.
(b)The Common Stock repurchases were for tax withholding on equity-based compensation.