Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share of common stock:

	For the three months ended September 30,				For the nine months ended September 30,
	2022		2021		2022		2021
Net income applicable to common stockholders	$	26,513	$	8,728	$	34,612	$	34,347
Weighted Average Shares
Weighted average common shares outstanding	24,877,607		18,321,659		22,685,496		18,321,659
Effect of dilutive securities
Stock-based awards	531,208		449,022		596,437		440,838
Convertible notes payable	85,500		—		—		—
Weighted average diluted common shares	25,494,315		18,770,681		23,281,933		18,762,497
Earnings per common share
Basic earnings per common share	$	1.07	$	0.48	$	1.53	$	1.87
Effect of dilutive securities
Stock-based awards	(0.03)		(0.02)		(0.04)		(0.04)
Diluted earnings per common share	$	1.04	$	0.46	$	1.49	$	1.83