Equity and Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

The following is a reconciliation of the numerator and denominator for the computation of basic and diluted earnings per share:


	Year Ended December 31,
	2022		2021		2020
Numerator:
Net income attributable to common shareholders	$	94,926	$	70,458	$	54,052
Adjustment for accretion of tax equity financing fees	(116)		(116)		(121)
Income attributable to common shareholders	$	94,810	$	70,342	$	53,931
Denominator:
Basic weighted-average shares outstanding	51,841		50,855		47,702
Effect of dilutive securities:
Stock options	1,437		1,413		1,304
Diluted weighted-average shares outstanding	53,278		52,268		49,006
Net income per share attributable to common shareholders:
Basic	$	1.83	$	1.38	$	1.13
Diluted	$	1.78	$	1.35	$	1.10

Potentially dilutive shares (1)	1,108		1,443		1,199

(1) Potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.