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Net Income Available to Common Stockholders Per Share of the Company
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Available to Common Stockholders Per Share of the Company Net Income Available to Common Stockholders Per Share of the Company
The following table reconciles the numerator and denominator in computing the Company’s basic and diluted per-share computations for net income available to common stockholders for the three and six months ended June 30, 2024 and 2023:
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
 (in thousands, except share and per share amounts)
Numerator:
Net income available to common stockholders$49,211 $55,587 $99,131 $112,195 
Allocation to participating securities (1)
(820)(326)(1,619)(690)
Numerator for basic and diluted net income available to common stockholders$48,391 $55,261 $97,512 $111,505 
Denominator:  
Basic weighted average vested shares outstanding117,375,262 117,154,946 117,356,464 117,107,402 
Effect of dilutive securities287,928 204,571 453,834 275,381 
Diluted weighted average vested shares and common stock equivalents outstanding117,663,190 117,359,517 117,810,298 117,382,783 
Basic earnings per share:  
Net income available to common stockholders per share$0.41 $0.47 $0.83 $0.95 
Diluted earnings per share:  
Net income available to common stockholders per share$0.41 $0.47 $0.83 $0.95 
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(1)Participating securities include certain time-based RSUs and vested market measure-based RSUs.
Share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities. The impact of potentially dilutive common shares, including stock options and RSUs are considered in our diluted earnings per share calculation for the three and six months ended June 30, 2024 and 2023. Certain market measure-based RSUs are not included in dilutive securities for the three and six months ended June 30, 2024 and 2023, as not all performance metrics had been met by the end of the applicable reporting periods. Additionally, certain unvested time-based RSUs are not included in dilutive securities for the six months ended June 30, 2024 and three and six months ended June 30, 2023, as they were anti-dilutive. See Note 7 “Share-Based Compensation” for additional information regarding share-based compensation.