Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Income per Share

The following table presents information necessary to calculate net income per share for the three and six months ended June 30, 2024 and 2023 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
BASIC EPS:
Net income attributable to common stockholders	$	11,077	$	84,614	$	62,312	$	184,292
Weighted average number of common shares outstanding, excluding non-vested restricted stock units	399,558		207,839		403,870		209,952
Basic net income per common share	$	0.03	$	0.41	$	0.15	$	0.88
DILUTED EPS:
Net income attributable to common stockholders	$	11,077	$	84,614	$	62,312	$	184,292
Weighted average number of common shares outstanding, excluding non-vested restricted stock units	399,558		208,984		403,870		211,188
Diluted net income per common share	$	0.03	$	0.40	$	0.15	$	0.87
Potentially dilutive securities excluded as anti-dilutive	8,584		6,084		8,584		2,572