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Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Net Income and Number of Shares in the Calculation of Basic and Diluted Net Income per Share A reconciliation of net income and the number of shares in the calculation of basic and diluted net income per share is as follows (in thousands, except share and per share amounts):
Three Months Ended
June 30
Six Months Ended
June 30,
2024202320242023
Basic net income per common share:
Numerator:
Net income $16,485$14,991$33,383$32,669
Denominator:
Weighted-average shares used in computing basic net income per share93,868,40994,738,65195,160,08594,290,653
Basic net income per share $0.18$0.16$0.35$0.35
Diluted net income per common share:
Numerator:
Net income$16,485$14,991$33,383$32,669
Denominator:
Weighted-average shares used in computing basic net income per share93,868,40994,738,65195,160,08594,290,653
Effect of dilutive securities
Options to purchase common stock3,558,8534,964,8783,748,3425,276,642
Shares issuable under ESPP3,0401,6474,523105
Warrants to purchase common stock288,081538,316290,035537,118
Restricted stock units121,193372,427253,350287,055
Total effect of dilutive securities3,971,1675,877,2684,296,2506,100,920
Weighted-average shares used in computing diluted net income per share97,839,576100,615,91999,456,335100,391,573
Diluted net income per share $0.17$0.15$0.34$0.33
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following weighted-average outstanding shares of potentially dilutive securities were excluded from the computation of diluted income per share for the period presented because including them would have been antidilutive:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Options to purchase common stock13,667,01911,952,20513,111,23811,866,389
Restricted stock units2,442,9201,089,7011,558,5621,487,082
Total 16,109,93913,041,90614,669,80013,353,471