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Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per share:

For the three months ended June 30, For the six months ended June 30,
(in thousands, except per share amounts)2025202420252024
Numerator:
Net income$27,604 $29,702 $63,768 $37,709 
Denominator(1):
Basic shares:
Weighted-average shares outstanding33,733 33,961 33,792 33,952 
Diluted shares(2):
Stock options369 616 337 557 
Restricted stock units1,405 1,421 1,381 1,229 
Warrants— 149 — 142 
Weighted-average shares outstanding35,507 36,147 35,510 35,880 
Net income per share:
Basic$0.82 $0.87 $1.89 $1.11 
Diluted$0.78 $0.82 $1.80 $1.05 

(1)    Effective March 28, 2025, we performed a 6-for-1 stock split of the Company’s common stock, affected through a stock dividend. Share and per share amounts have been retroactively adjusted.
(2)    Because their effect would have been anti-dilutive, 273 and 575 shares were excluded from the denominator of diluted net income per share for the three and six months ended June 30, 2024, respectively.