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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Shares used in the computation of the Company’s basic and diluted earnings per share are as follows:

(in thousands, except per share data)						Three Months Ended March 31,
						2024						2023
Numerator
Net increase (decrease) in net assets resulting from operations						$	90,964					$	94,564
Less: Total distributions declared						(76,031)						(64,774)
Total Earnings (loss), net of total distributions						14,933						29,790
Earnings (loss), net of distributions attributable to common shares						14,776						29,442
Add: Distributions declared attributable to common shares						75,230						64,023
Numerator for basic and diluted change in net assets per common share						$	90,006					$	93,465
Denominator
Basic weighted average common shares outstanding						157,445						135,252
Common shares issuable						475						1,804
Weighted average common shares outstanding assuming dilution						157,920						137,056
Change in net assets per common share:
Basic						$	0.57					$	0.69
Diluted						$	0.57					$	0.68

Schedule of Number of Anti-diluted Shares As Calculated Based on Weighted Average Closing Price of Common Stock

The calculation of change in net assets resulting from operations per common share assuming dilution, excludes all anti-dilutive shares. For the three months ended March 31, 2024, and 2023, the number of anti-dilutive shares, as calculated based on the weighted average closing price of the Company’s common stock for the periods, are as follows:

						Three Months Ended March 31,
Anti-dilutive Securities						2024						2023
Unvested common stock options						2,004						1,853
Restricted stock units						—						7,874
Unvested restricted stock awards						895						54,361

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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