| Schedule of Basic and Diluted Earnings Per Share |
The following information sets forth the computation of basic and diluted net increase in the Company’s net assets per share resulting from operations for the three and nine months ended September 30, 2023 and September 30, 2022: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30, 2023 | | September 30, 2022 | | September 30, 2023 | | September 30, 2022 | | Earnings per share—basic | | | | | | | | | Numerator for basic earnings per share: | $ | 28,696 | | | $ | 7,705 | | | $ | 108,099 | | | $ | 59,851 | | | Denominator for basic weighted average share: | 100,954,898 | | | 100,830,075 | | | 100,943,049 | | | 99,955,432 | | | Basic earnings per share: | $ | 0.28 | | | $ | 0.08 | | | $ | 1.07 | | | $ | 0.60 | | | Earnings per share—diluted(1) | | | | | | | | | Numerator for increase in net assets per share | $ | 28,696 | | | $ | 7,705 | | | $ | 108,099 | | | $ | 59,851 | | | Adjustment for interest on Convertible Notes and incentive fees, net | 4,557 | | | 2,314 | | | 14,314 | | | 6,943 | | | Numerator for diluted earnings per share: | $ | 33,253 | | | $ | 10,019 | | | $ | 122,413 | | | $ | 66,794 | | | Denominator for basic weighted average share | 100,954,898 | | | 100,830,075 | | | 100,943,049 | | | 99,955,432 | | | Adjustment for dilutive effect of Convertible Notes | 22,228,371 | | | 13,257,585 | | | 23,652,660 | | | 13,257,585 | | | Denominator for diluted weighted average share | 123,183,269 | | | 114,087,660 | | | 124,595,709 | | | 113,213,017 | | | Diluted earnings per share: | $ | 0.27 | | | $ | 0.08 | | | $ | 0.98 | | | $ | 0.59 | |
(1)In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the three and nine months ended September 30, 2023 and for the nine months ended September 30, 2022, there was no anti-dilution. For the three months ended September 30, 2022, there was anti-dilution.
|