Three Months Ended

Six Months Ended

June 30,

2024

2023

2024

2023

Net income

$

19,738

$

6,604

$

44,427

$

40,165

Less income allocated to non-controlling interests

(377)

(430)

(836)

(857)

Less income allocated to participating securities:

Non-forfeitable dividends on participating securities

(173)

(146)

(338)

(293)

Income allocated to participating securities

—

Total net income allocated to participating securities

(173)

(146)

(338)

(293)

Net income available to common stockholders

19,188

6,028

43,253

39,015

Effect of dilutive securities:

Participating securities ⁽¹⁾

—

Net income for diluted net income per share

$

19,188

$

6,028

$

43,253

$

39,015

Shares for basic net income per share

43,171

41,145

43,030

41,113

Effect of dilutive securities:

Stock options ⁽¹⁾

—

Performance-based stock units

292

87

292

87

Participating securities ⁽¹⁾

—

Total effect of dilutive securities

292

87

292

87

Shares for diluted net income per share

43,463

41,232

43,322

41,200

Basic net income per share

$

0.44

$

0.15

$

1.01

$

0.95

Diluted net income per share

$

0.44

$

0.15

$

1.00

$

0.95