Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Basic and Diluted Earnings Per Share

The following information sets forth the computation of basic and diluted net increase in the Company's net assets per share resulting from operations for the years ended December 31, 2022, December 31, 2021 and December 31, 2020:


	Year Ended December 31,
	2022		2021		2020
Earnings per share—basic
Numerator for basic earnings per share:	$	74,732	$	201,399	$	58,473
Denominator for basic weighted average share:	100,202,847		96,952,959		96,827,342
Basic earnings per share:	$	0.75	$	2.08	$	0.60
Earnings per share—diluted(1)
Numerator for increase in net assets per share	$	74,732	$	201,399	$	58,473
Adjustment for interest on Convertible Notes and incentive fees, net	10,987		9,258		9,258
Numerator for diluted earnings per share:	$	85,719	$	210,657	$	67,731
Denominator for basic weighted average share	100,202,847		96,952,959		96,827,342
Adjustment for dilutive effect of Convertible Notes	15,223,351		13,257,586		13,257,585
Denominator for diluted weighted average share	115,426,198		110,210,545		110,084,927
Diluted earnings per share	$	0.74	$	1.91	$	0.60

(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 years ended December 31, 2022 and December 31, 2021, there was no anti-dilution. For the year ended December 31, 2020, there was anti-dilution.