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Net Income Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Net Income Per Share  
Schedule of Basic Income Per Share

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Net income attributable to Summit Inc.

 

$
36,783

 

$
27,718

 

Weighted average shares of Class A shares outstanding

 

 
68,833,986

 

 
39,367,381

 

Basic earnings per share

 

$
0.53

 

$
0.70

 

 

 

 

 

 

 

 

 

Net income attributable to Summit Inc.

 

$
36,783

 

$
27,718

 

Add: Noncontrolling interest impact of LP Unit conversion 

 

 

 —

 

 
17,803

 

Diluted net income attributable to Summit Inc.

 

 
36,783

 

 
45,521

 

 

 

 

 

 

 

 

 

Weighted average shares of Class A shares outstanding

 

 
68,833,986

 

 
39,367,381

 

Add: weighted average of LP Units

 

 

 —

 

 
50,059,648

 

Add: stock options

 

 
140,142

 

 

 —

 

Add: warrants

 

 
16,123

 

 
37,714

 

Add: restricted stock units

 

 
240,633

 

 
7,523

 

Add: performance stock units

 

 
86,568

 

 

 

 

Weighted average dilutive shares outstanding

 

 
69,317,452

 

 
89,472,266

 

Diluted earnings per share

 

$
0.53

 

$
0.51