Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Net Income Per Share

Schedule of earnings per share, basic and diluted

Computations of net income per basic and diluted share (in thousands, except share data) were as follows:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Net income	$	19,215	$	6,520	$	44,397	$	13,573
Preferred stock dividend		(338)		(338)		(1,014)		(1,014)
Distribution to participating securities		(133)		(109)		(369)		(256)
Net income attributable to common stockholders used to compute net income per share	$	18,744	$	6,073	$	43,014	$	12,303
Weighted average common share outstanding:
Basic		21,594,637		10,918,477		18,315,231		10,088,036
Diluted		21,708,725		11,057,697		18,429,228		10,225,574
Net income attributable to common stockholders per share:
Basic	$	0.87	$	0.56	$	2.35	$	1.22
Diluted	$	0.86	$	0.55	$	2.33	$	1.20