XML 45 R19.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share 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 three months ended March 31, 2024 and March 31, 2023:
 Three Months Ended
 March 31, 2024March 31, 2023
Earnings per share—basic  
Numerator for basic earnings per share:$27,408 $44,573 
Denominator for basic weighted average share:103,660,370 100,937,026 
Basic earnings per share:$0.26 $0.44 
Earnings per share—diluted(1)
Numerator for increase in net assets per share$27,408 $44,573 
Adjustment for interest on Convertible Notes and incentive fees, net3,900 4,513 
Numerator for diluted earnings per share:$31,308 $49,086 
Denominator for basic weighted average share103,660,370 100,937,026 
Adjustment for dilutive effect of Convertible Notes18,783,108 22,654,406 
Denominator for diluted weighted average share122,443,478 123,591,432 
Diluted earnings per share:$0.26 $0.40 
(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 months ended March 31, 2024, there was anti-dilution. For the three months ended March 31, 2023, there was no anti-dilution.