The following is a reconciliation of the numerator and denominator in the basic and diluted net income per common share computations (in thousands, except share and per share data):


	Fiscal year ended March 31,
	2026		2025		2024
Numerator:
Net income	$	26,318	$	112,089	$	127,663





Denominator:
Weighted average common shares outstanding — basic	58,263,255		56,210,459		54,747,930
Dilutive common equivalent shares from equity awards	1,088,194		2,134,715		3,040,524
Weighted average common shares outstanding —diluted	59,351,449		58,345,174		57,788,454

Net income per share:
Basic	$	0.45	$	1.99	$	2.33
Diluted	$	0.44	$	1.92	$	2.21






Weighted average anti-dilutive shares from outstanding equity awards excluded from diluted earnings per share	602,013		273,524		44,772