Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.23.3
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2023 2022 2023 2022
Net income $ 19,282  $ 106,227  $ 80,727  $ 152,117 
Weighted-average shares outstanding:
Weighted average shares used in computing earnings per share, basic 153,694,160  162,635,592  155,958,492  161,943,492 
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 165,479,465  176,777,958  167,743,797  176,085,858 
Basic earnings per share $ 0.13  $ 0.65  $ 0.52  $ 0.94 
Diluted earnings per share $ 0.12  $ 0.60  $ 0.48  $ 0.86