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Earnings per Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE (EPS) Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from the vesting of outstanding restricted stock awards, restricted stock units, performance stock units and stock options. The following table shows the computation of basic and diluted EPS for the three and six month periods ended June 30, 2024 and 2023, respectively:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |  |
Net income attributable to ACIC common stockholders |  | $ | 19,054 |  |  | $ | 17,779 |  |  | $ | 42,653 |  |  | $ | 285,059 |
Denominator: |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  | 47,821,115 |  |  | 43,229,416 |  |  | 47,572,236 |  |  | 43,178,758 |
Effect of dilutive securities |  | 1,577,348 |  |  | 575,801 |  |  | 1,589,997 |  |  | 511,677 |
Weighted-average diluted shares |  | 49,398,463 |  |  | 43,805,217 |  |  | 49,162,233 |  |  | 43,690,435 |
Earnings available to ACIC common stockholders per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.40 |  |  | $ | 0.41 |  |  | $ | 0.90 |  |  | $ | 6.59 |
Diluted |  | $ | 0.39 |  |  | $ | 0.41 |  |  | $ | 0.87 |  |  | $ | 6.52 |
See Note 1 6 of these Notes to Unaudited Condensed Consolidated Financial Statements for additional information on the stock grants related to dilutive securities.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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