Three Months Ended

Six Months Ended

June 30,

(in thousands)

2024

2023

2024

2023

Net income

$

34,425

$

24,653

$

74,957

$

41,138

Less: Allocation of earnings to participating securities

(435)

(354)

(1,180)

(1,072)

Net income attributable to common stockholders

$

33,990

$

24,299

$

73,777

$

40,066

Less: Allocation of earnings to cash or share settled restricted stock units

(138)

—

(223)

—

Diluted net income attributable to common stockholders

$

33,852

$

24,299

$

73,554

$

40,066

Weighted average common shares outstanding used in basic earnings per common share

154,496

154,358

154,342

154,234

Effect of dilutive securities:

Performance-based restricted stock units

287

54

301

89

ESPP shares

2

—

5

3

Weighted average common shares outstanding used in diluted earnings per common share

154,785

154,412

154,648

154,326