Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 476

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1B
Chunk 476
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 and 7.25%, respectively, of the outstanding common shares of the Company. 

Note 10. Earnings Per Share In accordance with the provisions of ASC 260 – Earnings per Share (“ASC 260”), basic earnings per share is computed by dividing earnings available to common stockholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. For the years ended December 31, 2024 and 2023, there were no dilutive shares. The following table sets forth the computation of the weighted average basic and diluted net increase in net assets per share from operations for the following periods (in thousands):  

        For the years ended December 31,

        2024

        2023

        2022

        Net increase (decrease) in net assets resulting   from operations

        $
        73,649

        $
        83,837

        $
        15,544

        Weighted average common shares outstanding

        37,061,547

        35,928,203

        30,887,360

        Net increase (decrease) in net assets resulting from   operations per common share-basic and diluted

        $
        1.99

        $
        2.33

        $
        0.50

165

Note 11. Income Taxes
	The tax character of stockholder distributions attributable to the years ended December 31, 2024, 2023, and 2022, were as follows (in thousands):

        2024

        2023

        2022

        Ordinary Income
         
        $
        75,606

        $
        67,081

        $
        55,288

        Capital Gain

        —

        —

        —

        Total
         
        $
        75,606

        $
        67,081

        $
        55,288

       For years ended December 31, 2024, 2023, and 2022, 86.4%, 84.5%, and 83.8%, respectively, of ordinary income qualified as interest related dividend, which is exempt from U.S. withholding tax applicable to non U.S. stockholders. The components of distributable earnings on a tax basis detailed below differ from the amounts reflected in the Company