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Net Income Per Share

9 Months Ended

Sep. 30, 2025

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)

2025

2024

2025

2024

Net income

​

$

8,209

​

$

5,155

​

$

8,452

​

$

7,244

Weighted-average shares outstanding

​

​

22,318,570

​

​

23,985,364

​

​

23,035,461

​

​

23,842,049

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

​

​

22,513,140

​

​

24,254,176

​

​

23,304,900

​

​

24,070,084

Net income per share - Basic

​

$

0.37

​

$

0.21

​

$

0.37

​

$

0.30

Net income per share - Diluted

​

$

0.36

​

$

0.21

​

$

0.36

​

$

0.30

​

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:

​

​	​	​	​	​	​	​	​	​
​	​	Three Months Ended			​	Nine Months Ended
​	​	September 30,			​	September 30,
​		2025		2024		2025		2024
Restricted stock units	​	387,911	​	361,130	​	280,533	​	520,171
Common stock options	​	277,438	​	370,040	​	296,956	​	370,040
Performance stock units	​	112,481	​	63,103	​	119,499	​	142,351
Employee stock purchase plan	​	—	​	79,295	​	—	​	—
Total	​	777,830	​	873,568	​	696,988	​	1,032,562

​

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-3

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