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Net Income Per Share
 9 Months Ended
Sep. 30, 2024
Net Income Per Share  
Net Income Per Share

Note 13. Net Income Per Share

The following table sets forth the computation of our basic and diluted net income per share:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30,

​

September 30,

(In thousands, except share and per share data)

    

2024

    

2023

    

2024

    

2023

Net income

​

$

5,155

​

$

22,299

​

$

7,244

​

$

20,313

Weighted-average shares outstanding

​

​

23,985,364

​

​

23,483,269

​

​

23,842,049

​

​

22,714,574

Weighted-average shares used to compute diluted net income per share

​

​

24,254,176

​

​

23,848,729

​

​

24,070,084

​

​

22,987,667

Net income per share - Basic

​

$

0.21

​

$

0.95

​

$

0.30

​

$

0.89

Net income per share - Diluted

​

$

0.21

​

$

0.94

​

$

0.30

​

$

0.88

​

The following common stock equivalents were excluded from the computation of diluted net income per share for the periods presented because including them would have been anti-dilutive:

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​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

​

Nine Months Ended

​

​

September 30,

​

September 30,

​

    

2024

    

2023

    

2024

    

2023

Restricted stock units

​

361,130

​

74,972

​

520,171

​

190,071

Common stock options

​

370,040

​

430,521

​

370,040

​

430,521

Performance stock units

​

63,103

​

—

​

142,351

​

17,392

Employee stock purchase plan

​

79,295

​

—

​

—

​

—

Total

​

873,568

​

505,493

​

1,032,562

​

637,984

​