Three Months Ended September 30,

Nine Months Ended September 30,

(Thousands, except per share data)

2024

2023

2024

2023

Basic Earnings per Common Share

Numerator:

Net income (loss) attributable to common shareholders

$

(14,171)

$

12,802

$

(55,429)

$

(14,780)

Denominator:

Weighted-average common shares outstanding - basic

88,540

83,437

88,320

78,203

Basic earnings (loss) per common share

$

(0.16)

$

0.15

$

(0.63)

$

(0.19)

Diluted Earnings per Common Share

Numerator:

Net income (loss) attributable to common shareholders - basic

$

(14,171)

$

12,802

$

(55,429)

$

(14,780)

Effect of participating securities

—

3,493

—

Net income (loss) attributable to common shareholders - diluted

$

(14,171)

$

16,295

$

(55,429)

$

(14,780)

Denominator:

Weighted-average common shares outstanding - basic

88,540

83,437

88,320

78,203

Effect of dilutive participating securities

—

23,542

—

Effect of dilutive non-participating securities

—

101

—

Weighted-average common shares outstanding - diluted

88,540

107,080

88,320

78,203

Dilutive (loss) earnings per common share

$

(0.16)

$

0.15

$

(0.63)

$

(0.19)