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Net Income per Common Share
 3 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income per Common Share Net Income per Common Share
Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted average number of common shares outstanding and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the vesting of restricted stock units ("RSUs"), performance stock units ("PSUs"), common shares to be purchased under the Employee Stock Purchase Plan ("ESPP"), and the exercise of stock options. The dilutive effect of such potential common shares is reflected in diluted earnings per share by application of the treasury stock method.

The following table sets forth the reconciliation of basic and diluted net income per common share:
Three Months Ended June 30,
20252024
Net income$23,496 $18,527 
Basic net income per common share:
Basic weighted average shares outstanding44,326 43,678 
Basic net income per common share$0.53 $0.42 
Diluted net income per common share:
Basic weighted average shares outstanding44,326 43,678 
Dilutive effect of restricted stock units957 1,308 
Diluted weighted average shares outstanding45,283 44,986 
Diluted net income per common share$0.52 $0.41 

The diluted weighted average shares outstanding excludes RSUs, PSUs, common shares to be purchased under the ESPP and outstanding stock options totaling 157 and 175 for the three months ended June 30, 2025 and 2024, respectively, because the effect of including them would have been anti-dilutive.