Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.23.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Weighted Average Shares Outstanding and Earning (Loss) Per Share Basic and diluted weighted average shares outstanding and earnings per share were as follows (in thousands, except share and per share data):
Three Months Ended
June 30, 2023
Three Months Ended
June 30, 2022
Six Months Ended
June 30, 2023
Six Months Ended
June 30, 2022
Net income $ 52,014  $ 8,927  $ 61,445  $ 45,890 
Weighted-average shares outstanding:
Weighted average shares used in computing earnings per share, basic 156,525,006  162,917,478  157,109,418  161,591,704 
Founders advisory fees 11,785,305  14,142,366  11,785,305  14,142,366 
Weighted average shares used in computing earnings per share, diluted 168,310,311  177,059,844  168,894,723  175,734,070 
Basic earnings per share $ 0.33  $ 0.05  $ 0.39  $ 0.28 
Diluted earnings per share $ 0.31  $ 0.05  $ 0.36  $ 0.26