
	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:


Net income	$	8,112	$	9,212	$	17,398	$	30,073

Gain from repurchase of preference shares - Series A, C and D	18,714		—		81,164		—
Amount allocated to participating common shareholders(1)	(198)		(168)		(1,139)		(390)




Net income allocated to Maiden common shareholders	$	26,628	$	9,044	$	97,423	$	29,683
Denominator:
Weighted average number of common shares – basic	86,230,021		84,537,385		85,684,511		83,896,804
Potentially dilutive securities:
Share options and restricted share units(2)	5,351		—		4,382		—
Adjusted weighted average number of common shares – diluted(2)	86,235,372		84,537,385		85,688,893		83,896,804
Basic and diluted earnings per share attributable to common shareholders	$	0.31	$	0.11	$	1.14	$	0.35

(1)This represents the share in net income using the two-class method for holders of non-vested restricted shares issued to the Company's employees under the 2019 Omnibus Incentive Plan.

(2)Please refer to "Note 13. Shareholders' Equity" and "Note 14. Share Compensation and Pension Plans" in the Notes to Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2020 for the terms and conditions of securities that could potentially be dilutive in the future. For the three and six months ended June 30, 2021, there were 5,351 and 4,382 potentially dilutive securities, respectively.