Net income per share

12 Months Ended

Jan. 31, 2020

The following table sets forth the computation of basic and diluted net income per share:


	Year ended January 31,
(in thousands, except per share data)	2020		2019		2018
Numerator (basic and diluted):
Net income	$	39,664	$	73,899	$	47,362
Denominator (basic):
Weighted-average common shares outstanding	67,026		61,836		60,304
Denominator (diluted):
Weighted-average common shares outstanding	67,026		61,836		60,304
Weighted-average dilutive effect of stock options and restricted stock units	1,427		1,534		1,550
Diluted weighted-average common shares outstanding	68,453		63,370		61,854
Net income per share:
Basic	$	0.59	$	1.20	$	0.79
Diluted	$	0.58	$	1.17	$	0.77

For the years ended January 31, 2020, 2019 and 2018, approximately 0.3 million, 0.1 million, and 0.6 million shares, respectively, attributable to outstanding stock options and restricted stock units were excluded from the calculation of diluted earnings per share as their inclusion would have been anti-dilutive.