Net Income Per Share

3 Months Ended

Mar. 31, 2023

Net income per share - basic and diluted, were computed as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2023		2022
Numerator:
Net income	$	40,028	$	68,573
Denominator:
Weighted-average common shares outstanding — basic	324,420		319,582
Dilutive securities	1,859		3,707
Weighted-average common shares outstanding — diluted	326,279		323,289

Net income per share — basic	$	0.12	$	0.21
Net income per share — diluted	$	0.12	$	0.21

Dilutive securities included outstanding stock options, unvested RSUs (including TSR-based RSUs), PSUs and ESPP contributions.

Certain potential common shares were excluded from our calculation of weighted-average common shares outstanding — diluted because either they would have had an anti-dilutive effect on net income per share or they were related to shares from PSUs that were contingently issuable and the contingency had not been satisfied at the end of the reporting period. The weighted-average potential common shares excluded from our calculation were as follows (in thousands):


	Three Months Ended March 31,
	2023	2022
Anti-dilutive securities and contingently issuable shares excluded	15,592	16,522