Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.22.2.2
Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Change in Ownership Interest
The following table summarizes changes in the ownership interest in consolidated subsidiaries during the period:
Three Months Ended September 30, Nine Months Ended September 30,
2022 2021 2022 2021
Net income attributable to common shareholders $ 106,236  $ 17,387  $ 167,435  $ 6,860 
Transfers from the noncontrolling interest, net 1
7,121  N/A 13,619  N/A
Change from net income attributable to common shareholders and net transfers to Noncontrolling interest $ 113,357  $ 17,387  $ 181,054  $ 6,860 
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1     The three and nine months ended September 30, 2022 includes a net transfer of $7.1 million and $13.6 million, respectively, from Noncontrolling interest for share repurchases and common stock issuances related to employees’ share-based compensation with a corresponding adjustment to Paid-in capital. This equity adjustment had no impact on earnings other than a resulting increase to the noncontrolling interest proportionate share of net income and a corresponding decrease to the proportionate share of net income attributable to common shareholders.