Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.1
Net Income Per Share (Tables)
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share The table below presents the computation of basic and diluted EPS:
Three Months Ended March 31,
2023 2022
(in thousands, except per share amounts)
Numerator:
Net income $ 9,533  $ 33,586 
Denominator:
Weighted average common shares outstanding—basic 79,471  77,192 
Dilutive common stock equivalents 1,867  3,449 
Weighted average common shares outstanding—diluted 81,338  80,641 
Net income per share:
Basic $ 0.12  $ 0.44 
Diluted $ 0.12  $ 0.42