The table below reconciles net income to net income available to common stockholders (in thousands):


	Three Months Ended November 30,
	2022		2021
Net income	$	13,997	$	18,555
Less: Net income allocated to
participating securities		(54)		(64)
Net income available to common stockholders	$	13,943	$	18,491

The table below summarizes the weighted-average number of common shares outstanding included in the calculation of basic and diluted EPS (in thousands):


	Three Months Ended November 30,
	2022		2021
Weighted-average common
shares outstanding, basic		13,590		13,716
Weighted-average dilutive securities		19		36
Weighted-average common
shares outstanding, diluted		13,609		13,752

For the three months ended November 30, 2022 and 2021, weighted-average stock-based equity awards outstanding that are non-participating securities in the amount of 7,471 and 5,145, respectively, were excluded from the calculation of diluted EPS under the treasury stock method as they were anti-dilutive.