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Net Income Per Share (Tables) | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The computations for basic and diluted net income per share are as follows:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands, except per share data) |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 47,534 |  |  | $ | 39,731 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Basic weighted average shares | 36,466 |  |  | 36,955 |  |  |  |  |
Effect of potentially dilutive shares: |  |  |  |  |  |  |
Stock options | 210 |  |  | 471 |  |  |  |  |
Restricted stock units | 103 |  |  | 292 |  |  |  |  |
Employee stock purchase plan | 5 |  |  | 5 |  |  |  |  |
Diluted weighted average shares | 36,784 |  |  | 37,723 |  |  |  |  |
Net income per share: |  |  |  |  |  |  |
Basic | $ | 1.30 |  |  | $ | 1.08 |  |  |  |  |
Diluted | $ | 1.29 |  |  | $ | 1.05 |  |  |  |  |
Schedule of Potentially Dilutive Shares Excluded from Diluted Net Income Per Share Calculation | Potentially dilutive shares not included in the calculation of diluted net income per share because doing so would be anti-dilutive are as follows:
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (in thousands) |  |
Stock options | 813 |  | 325 |  |  |  |
Restricted stock units | 220 |  | — |  |  |  |
Employee stock purchase plan | 1 |  | — |  |  |  |
Total anti-dilutive shares | 1,034 |  | 325 |  |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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