Three Months Ended
September 30,

Nine Months Ended
September 30,

2024

2023

2024

2023

Numerator:

Net income (in thousands)

$

82,586

$

15,366

$

108,537

$

55,478

Denominator:

Basic weighted average number of shares outstanding

40,728,902

30,928,647

34,139,548

30,928,647

Dilutive effect of equity awards

802,076

1,152,313

1,150,144

1,124,706

Diluted weighted average number of shares

41,530,978

32,080,960

35,289,692

32,053,353

Income per share:

Basic

$

2.03

$

0.50

$

3.18

$

1.79

Diluted

$

1.99

$

0.48

$

3.08

$

1.73

Potentially dilutive shares excluded as anti-dilutive

65,850

1,431,757

85,649

1,446,271