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Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2024

Net Income per Share

Schedule of basic and diluted net income (loss) per share calculation


		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2024			2023			2024			2023

		(in thousands, except per share data)
Basic and dilutive numerator:
Net income		$	40,429		$	49,222		$	121,555		$	101,378
Denominator:
Weighted-average shares outstanding — basic			48,621			48,701			48,580			48,368

Net effect of dilutive securities:
Incremental shares from equity awards			3,241			5,220			3,727			4,629
Weighted-average shares outstanding — diluted			51,862			53,921			52,307			52,997
Net income per share — basic		$	0.83		$	1.01		$	2.50		$	2.10
Net income per share — diluted		$	0.78		$	0.91		$	2.32		$	1.91