Three Months Ended

Nine Months Ended

September 30,

2024

2023

2024

2023

Net income

$

30,862

$

22,627

$

75,289

$

62,792

Less income allocated to non-controlling interests

(1,496)

(430)

(2,332)

(1,287)

Less income allocated to participating securities:

Non-forfeitable dividends on participating securities

(173)

(147)

(511)

(440)

Income allocated to participating securities

(28)

⁽¹⁾

—

⁽¹⁾

—

Total net income allocated to participating securities

(201)

(147)

(511)

(440)

Net income available to common stockholders

29,165

22,050

72,446

61,065

Effect of dilutive securities:

Participating securities ⁽²⁾

—

Net income for diluted net income per share

$

29,165

$

22,050

$

72,446

$

61,065

Shares for basic net income per share

43,868

41,153

43,313

41,127

Effect of dilutive securities:

Stock options ⁽²⁾

—

Performance-based stock units

526

58

526

58

Participating securities ⁽²⁾

—

Total effect of dilutive securities

526

58

526

58

Shares for diluted net income per share

44,394

41,211

43,839

41,185

Basic net income per share

$

0.66

$

0.54

$

1.67

$

1.48

Diluted net income per share

$

0.66

$

0.54

$

1.65

$

1.48