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Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Calculation of Numerator and Denominator Used in Calculation of Basic and Diluted Net Income Per Share

A calculation of the numerator and denominator used in the calculation of basic and diluted net income per share of Class A common stock is as follows:

 

 

 

 

 

 

 

 

 

Three months ended June 30,

Six months ended June 30,

 

(in thousands, except per share data)

 

2024

 

 

2023

 

 

2024

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

2,064

 

 

$

85

 

 

$

5,761

 

$

85

 

Less: Net income attributable to non-controlling interest

 

 

1,787

 

 

 

74

 

 

 

4,990

 

 

74

 

Net income attributable to Class A common stockholders

 

$

277

 

 

$

11

 

 

$

771

 

$

11

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of Class A common stock outstanding - basic

 

 

4,572

 

 

 

4,249

 

 

 

4,446

 

 

4,249

 

Weighted-average shares of Class A common stock outstanding - diluted

 

 

4,572

 

 

 

4,249

 

 

 

4,446

 

 

4,249

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share of Class A common stock - basic

 

$

0.06

 

 

$

 

 

$

0.17

 

$

 

Net income per share of Class A common stock - basic and diluted

 

$

0.06

 

 

$

 

 

$

0.17

 

$