The following information sets forth the computation of the Company's basic and diluted net increase in net assets per share resulting from operations for the three and nine months ended December 31, 2025 and 2024 (dollars and shares in thousands):


	Three Months Ended December 31,				Nine Months Ended December 31,
	2025		2024		2025		2024
Earnings per share - basic
Numerator for basic earnings per share	$	32,896	$	16,268	$	85,516	$	52,987
Adjustment for income allocated to participating securities	(352)		—		(914)		—
Numerator for basic earnings per common share	32,544		16,268		84,602		52,987
Denominator for basic earnings per common share	57,531		48,315		55,538		47,080
Basic earnings per common share	$	0.57	$	0.34	$	1.52	$	1.13
Earnings per share - diluted (1)
Numerator for increase in net assets per share	$	32,544	$	16,268	$	84,602	$	52,987
Adjustment for interest and amortization on 2029 Convertible Notes	3,317		1,946		9,950		1,946
Numerator for diluted earnings per common share	$	35,861	$	18,214	$	94,552	$	54,933
Denominator for basic weighted average common share	57,531		48,315		55,538		47,080
Adjustment for dilutive effect of 2029 Convertible Notes	9,312		5,807		9,286		1,943
Denominator for diluted weighted average common shares	66,843		54,122		64,824		49,022
Diluted earnings per common share	$	0.54	$	0.34	$	1.46	$	1.12

(1)In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the three and nine months ended December 31, 2025 and 2024, there was no anti-dilution.