Net Income per Share

6 Months Ended

Jun. 30, 2022

The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:

Net income attributable to Vicor Corporation	$	10,593	$	19,394	$	15,592	$	34,486

Denominator:
Denominator for basic net income per share-weighted average shares (1)		43,973		43,553		43,963		43,504
Effect of dilutive securities:
Employee stock options (2)		893		1,288		947		1,337

Denominator for diluted net income per share – adjusted weighted-average shares and assumed conversions		44,866		44,841		44,910		44,841

Basic net income per share	$	0.24	$	0.45	$	0.35	$	0.79

Diluted net income per share	$	0.24	$	0.43	$	0.35	$	0.77

(1)	Denominator represents weighted average number of shares of Common Stock and Class B Common Stock outstanding.

(2)

Options to purchase 898,640 and 658,014 shares of Common Stock for the three and six months ended June 30, 2022, respectively, and options to purchase 138,125 and 90,339 shares of Common Stock for the three and six months ended June 30, 2021, respectively, were not included in the calculations of net income per share as the effect would have been antidilutive.