Earnings Per Share and Earnings Per Unit (Tables)
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6 Months Ended |
Jun. 30, 2022 |
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| Earnings Per Unit [Abstract] |
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| Schedule of Basic Earnings Per Share |
The Company's basic earnings per share calculation is as follows:
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Three Months Ended |
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Six Months Ended |
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June 30, 2022 |
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June 30, 2022 |
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Class A |
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Class A |
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Basic Earnings Per Share: |
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Numerator |
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Net income |
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$ |
33,979 |
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$ |
51,813 |
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Less: Net loss attributable to non-controlling interests |
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(442 |
) |
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(5,702 |
) |
Net income attributable to Class A common stock |
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$ |
34,421 |
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$ |
57,515 |
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Denominator |
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Weighted average shares of Class A common stock outstanding-basic |
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52,259,885 |
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51,530,961 |
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Basic Earnings Per Share |
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$ |
0.66 |
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$ |
1.12 |
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| Schedule of Diluted Earnings Per Share |
The Company's diluted earnings per share calculation is as follows:
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Three Months Ended |
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Six Months Ended |
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June 30, 2022 |
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June 30, 2022 |
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Class A |
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Class A |
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Diluted Earnings Per Share: |
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Numerator |
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Net income attributable to holders of Class A common stock |
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$ |
34,421 |
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$ |
57,515 |
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Denominator |
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Weighted average shares of Class A common stock outstanding-basic |
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52,259,885 |
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51,530,961 |
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Effect of Dilutive Securities |
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Assumed exchange for shares of Class A common stock |
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83,264,888 |
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83,774,207 |
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Weighted average shares of Class A common stock outstanding-diluted |
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135,524,773 |
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135,305,168 |
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Diluted Earnings Per Share |
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$ |
0.25 |
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$ |
0.43 |
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| Schedule Of Earnings Per Share, Basic and Diluted |
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Period From |
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April 1 - June 30,
2021
(Predecessor) |
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April 1 - June 30,
2021
(Predecessor) |
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Class A |
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Class B |
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Basic and Diluted Loss Per Unit: |
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Numerator |
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Net loss |
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$ |
(2,897 |
) |
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$ |
(1,185 |
) |
Less: annual dividends on redeemable preferred units |
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(5,574 |
) |
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(2,282 |
) |
Net loss attributable to common unitholders |
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(8,471 |
) |
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(3,467 |
) |
Denominator |
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Weighted-average units used to compute basic earnings per unit |
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5,480,611 |
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2,242,981 |
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Basic and Diluted Loss Per Unit |
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$ |
(1.55 |
) |
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$ |
(1.55 |
) |
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Period From |
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January 1 - June 30,
2021
(Predecessor) |
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January 1 - June 30,
2021
(Predecessor) |
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Class A |
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Class B |
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Basic and Diluted Loss Per Unit: |
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Numerator |
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Net loss |
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$ |
(3,251 |
) |
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$ |
(1,331 |
) |
Less: annual dividends on redeemable preferred units |
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(7,188 |
) |
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(2,942 |
) |
Net loss attributable to common unitholders |
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(10,439 |
) |
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(4,273 |
) |
Denominator |
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Weighted-average units used to compute basic earnings per unit |
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5,480,611 |
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2,242,981 |
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Basic and Diluted Loss Per Unit |
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$ |
(1.90 |
) |
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$ |
(1.90 |
) |
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