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Net Income Per Share Attributable to Common Stockholders

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Net Income Per Share Attributable to Common Stockholders

NOTE 12. Net Income Per Share

The computations for basic and diluted net income per share are as follows:

		Year Ended December 31,
		2019				2018				2017
		(in thousands, except per share data)
Numerator:
Net income		$	69,336			$	57,304			$	40,440
Denominator:
Weighted-average shares used in computing net income per share - basic		39,075				38,876				37,443
Effect of potentially dilutive securities:
Common stock options		1,807				2,401				2,262
Restricted stock units		463				620				366
Weighted-average shares used in computing net income per share - diluted		$	41,345			$	41,897			$	40,071
Net income per share:
Basic		$	1.77			$	1.47			$	1.08
Diluted		$	1.68			$	1.37			$	1.01

Potentially dilutive securities not included in the calculation of diluted net income per share because doing so would be anti-dilutive are as follows:

		Year Ended December 31,
		2019			2018			2017
		(in thousands)
Common stock options		461			177			742
Restricted stock units		26			22			71
Total anti-dilutive shares		487			199			813

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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