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Net Income (Loss) per Common Share and Common Unit (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Net Income (Loss) per Common Share and Common Unit

Net income per common share and common unit was computed as follows (in thousands, except net income per common share and common unit amounts):

 

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Net income

 

$

15,316

 

 

$

2,249

 

Denominator for basic and diluted earnings per common share:

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

93,556

 

 

n/a

 

Effect of dilutive common shares

 

 

2,215

 

 

n/a

 

Weighted average common shares outstanding—diluted

 

 

95,771

 

 

n/a

 

Net income per common shares—basic

 

$

0.16

 

 

n/a

 

Net income per common shares—diluted

 

$

0.16

 

 

n/a

 

 

 

 

 

 

 

 

Denominator for basic and diluted earnings per common unit:

 

 

 

 

 

 

Weighted average common units outstanding—basic

 

n/a

 

 

 

204

 

Effect of dilutive common units

 

n/a

 

 

 

 

Weighted average common units outstanding—diluted

 

n/a

 

 

 

204

 

Net income per common unit—basic and diluted

 

n/a

 

 

$

11,023.54