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Net Income Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
Basic net income per share is computed using the weighted average number of common shares outstanding for the period. Diluted net income per share applying the treasury stock method is computed using the weighted average number of common shares outstanding for the period plus potential dilutive common shares, including stock options, RSUs, PSUs and employee stock purchase rights, unless the potential common shares are anti-dilutive.

Basic and diluted net income per share are calculated as follows (in thousands, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Basic and diluted net income per share
Numerator:
Net income$9,476 $11,626 $19,202 $15,584 
Denominator:
Weighted-average shares outstanding - basic74,366 74,017 74,401 74,009 
Effect of dilutive potential common shares from stock options, stock awards and employee stock purchase plan1,131 1,411 1,031 1,503 
Weighted-average shares outstanding - diluted75,497 75,428 75,432 75,512 
Net income per share:
Basic$0.13 $0.16 $0.26 $0.21 
Diluted$0.13 $0.15 $0.25 $0.21 

The following table presents common shares related to potentially dilutive shares excluded from the calculation of diluted net income per share as their effect would have been anti-dilutive (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Stock options, restricted stock units and employee stock purchase rights89 89 67 63