XML 21 R10.htm IDEA: XBRL DOCUMENT v3.25.2
Net Income (Loss) Per Common Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share Net Income (Loss) Per Common Share
 
Basic earnings (loss) per share, or EPS, is computed based on the weighted average number of common shares outstanding during the period. Diluted EPS is computed based on the sum of the weighted average number of common shares and potentially dilutive common shares outstanding during the period. In loss periods, basic and diluted loss per share are identical since the effect of potentially dilutive common shares is antidilutive and therefore excluded. Potentially dilutive common shares from equity awards are determined using the average share price for each period under the treasury stock method. In addition, proceeds from exercises of equity awards and the average amount of unrecognized compensation expense
for equity awards are assumed to be used to repurchase shares. The following table sets forth the computation of basic and diluted EPS (in thousands, except per-share amounts):

Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Numerator for basic and diluted EPS — net income (A)$(980)$5,734 $6,067 $3,870 
Denominator for basic EPS — weighted average shares (B)78,392 76,538 78,211 75,649 
Effect of potentially dilutive common stock from:
Shares of common stock subject to outstanding options— 433 503 509 
Restricted stock units— 147 1,146 405 
Employee stock purchase plan— 45 45 37 
Dilutive potential common shares— 625 1,694 951 
Denominator for diluted EPS — adjusted weighted average shares and assumed conversions (C)78,392 77,163 79,905 76,600 
Basic EPS (A / B)$(0.01)$0.07 $0.08 $0.05 
Diluted EPS (A / C)$(0.01)$0.07 $0.08 $0.05 
Common stock equivalent shares excluded from the dilutive calculation due to antidilutive effect:
Shares of common stock subject to outstanding options2,303 2,410 535 2,406 
Restricted stock units3,725 2,963 129 408 
Employee stock purchase plan51 — — — 
Anti-dilutive potential common shares6,079 5,373 664 2,814