Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 50

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 50
---
 participating securities) outstanding during the period, as discussed below. Diluted computations applicable in financial reporting periods in which we report income use the treasury stock method to reflect the potential dilution to the basic income per share of common stock computations that could occur if securities or other contracts to issue common stock were exercised, were converted into common stock or were to result in the issuance of common stock that would share in our results of operations. In performing our net income attributable to controlling interests per share of common stock computations, we apply accounting rules that require us to include all unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in the number of shares outstanding in our basic and diluted calculations. Common stock and certain unvested share-based payment awards earn dividends equally, and we have included all outstanding restricted stock awards in our basic and diluted calculations for current and prior periods.
    
   The following table sets forth the computations of net income attributable to controlling interests per share of common stock (in thousands, except per share data):

       For the Three Months Ended    For the Nine Months Ended  
   September 30,    September 30,  
   2025    2024    2025    2024  
 Numerator:                 
 Net income attributable to controlling interests  $24,977  $29,543  $87,070  $79,993 
 Preferred stock and preferred unit dividends and discount accretion   (2,307)  (6,316)  (8,103)  (18,916)
 Net income attributable to common shareholders—basic   22,670   23,227   78,967   61,077 
 Effect of dilutive preferred stock dividends and discount accretion   600   604   1,800   1,797 
 Net income attributable to common shareholders—diluted  $23,270  $23,831  $80,767  $62,874 
 Denominator:                 
 Basic (including unvested share-based payment awards) (1)   15,125   14,740   15,121   14,728 
 Effect of dilutive stock compensation arrangements and exchange of preferred stock   4,070   4,048   4,068   4,046 
 Diluted (