XML 49 R36.htm IDEA: XBRL DOCUMENT v3.23.2
NET INCOME PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Common Share
The following table sets forth the computation of basic and diluted net income per common share for the three and six months ended June 30, 2023 and 2022 (in thousands, except per share amounts):
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Numerator:
   Net income—basic$25,763 $19,876 $6,227 $26,704 
ASU 2020-06 convertible notes if-converted method adjustment1,029 1,039 — 2,078 
   Adjusted net income—diluted$26,792 $20,915 $6,227 $28,782 
Denominator:
   Weighted average common shares outstanding—basic46,088 45,501 46,019 45,185 
Computation of diluted securities:
ASU 2020-06 convertible notes if-converted method adjustment5,607 5,607 — 5,607 
   Dilutive effect of stock options108 1,016 92 1,106 
   Dilutive effect of RSUs244 347 170 360 
Dilutive effect of ESPP purchase options7 7 4 4 
   Weighted average common shares outstanding—diluted52,054 52,478 46,285 52,262 
Net income per share:
   Basic net income per common share$0.56 $0.44 $0.14 $0.59 
   Diluted net income per common share$0.51 $0.40 $0.13 $0.55 
Schedule of Potential Dilutive Effect of the Securities Excluded from the Calculation of Diluted Loss Per Share The following table summarizes the outstanding stock options, RSUs and convertible senior notes that were excluded from the diluted net income per common share calculation because the effects of including these potential shares were antidilutive in the periods presented (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Weighted average number of stock options5,404 1,948 5,403 1,855 
Convertible senior notes— — 5,607 1,196 
Weighted average number of RSUs701 31 759 24 
      Total6,105 1,979 11,769 3,075