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Earnings per Share and Unit (Tables)
9 Months Ended
Sep. 30, 2021
Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per share:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders - basic

 

$

117,406

 

 

 

12,688

 

 

$

293,552

 

 

 

6,402

 

Income attributable to common stockholders - diluted

 

$

117,406

 

 

 

12,688

 

 

$

293,552

 

 

 

6,402

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic EPS

 

 

170,090

 

 

 

169,671

 

 

 

169,906

 

 

 

169,081

 

Weighted average common shares outstanding for diluted EPS

 

 

170,589

 

 

 

169,970

 

 

 

170,314

 

 

 

169,356

 

Income per common share – basic

 

$

0.69

 

 

 

0.07

 

 

$

1.73

 

 

 

0.04

 

Income per common share – diluted

 

$

0.69

 

 

 

0.07

 

 

$

1.72

 

 

 

0.04

 

 

Partnership Interest [Member]  
Schedule of earnings per share

The following summarizes the calculation of basic and diluted earnings per unit:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to common unit holders - basic

 

$

117,925

 

 

 

12,745

 

 

$

294,867

 

 

 

6,431

 

Income attributable to common unit holders - diluted

 

$

117,925

 

 

 

12,745

 

 

$

294,867

 

 

 

6,431

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common units outstanding for basic EPU

 

 

170,850

 

 

 

170,436

 

 

 

170,668

 

 

 

169,846

 

Weighted average common units outstanding for diluted EPU

 

 

171,349

 

 

 

170,735

 

 

 

171,076

 

 

 

170,121

 

Income per common unit – basic

 

$

0.69

 

 

 

0.07

 

 

$

1.73

 

 

 

0.04

 

Income per common unit – diluted

 

$

0.69

 

 

 

0.07

 

 

$

1.72

 

 

 

0.04