------- ------- ------- -------
Adjusted net income $ 25,588 $ 21,709 $ 73,837 $ 65,254
------- ------- ------- -------
Common shares
outstanding used in
computing net income
per share, basic:
Class A and Class B
common shares (3) 82,222 79,033 81,303 78,378
------- ------- ------- -------
Common shares
outstanding used in
computing net income
per share, diluted:
Warrants (Public and
Private) (4) 8,094 8,094 8,094 8,094
Equity awards 3,544 3,690 2,915 3,942
------- ------- ------- -------
Total Shares
outstanding used in
computing net income
per share - diluted 93,860 90,817 92,312 90,414
Adjusted net income
per share - basic $ 0.31 $ 0.27 $ 0.91 $ 0.83
Adjusted net income
per share - diluted $ 0.27 $ 0.24 $ 0.80 $ 0.72
1) Calculated using the Company's blended tax rate.
2) Includes the changes in fair value of warrant liability and earnout consideration liability.
3) Assumes both Class A shares and Class B shares participate in earnings and are outstanding at the end of the period.
4) Assumes treasury stock method, valuation at assumed fair market value of $18.00.
5) The Company did not include the effect of Exchangeable Notes in its total shares outstanding used in diluted adjusted net income per share.
(END) Dow Jones Newswires
November 08, 2024 07:00 ET (12:00 GMT)
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