Basic earnings per share, or EPS, is computed based on the weighted average number of common shares outstanding during the period. Diluted EPS is computed based on the sum of the weighted average number of common shares and potentially dilutive common shares outstanding during the period. In loss periods, basic and diluted loss per share are identical since the effect of potentially dilutive common shares is antidilutive and therefore excluded. Potentially dilutive common shares from equity awards are determined using the average share price for each period under the treasury stock method. In addition, proceeds from exercises of equity awards and the average amount of unrecognized compensation expense for equity awards are assumed to be used to repurchase shares. The following table sets forth the computation of basic and diluted EPS (in thousands, except per-share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator for basic and diluted EPS — net income (A)	$	25,490	$	(980)	$	54,197	$	6,067
Denominator for basic EPS — weighted average shares (B)	79,972		78,392		79,756		78,211
Effect of potentially dilutive common stock from:
Shares of common stock subject to outstanding options	559		—		531		503
Restricted stock units	1,466		—		1,413		1,146
Employee stock purchase plan	62		—		53		45
Dilutive potential common shares	2,087		—		1,997		1,694
Denominator for diluted EPS — adjusted weighted average shares and assumed conversions (C)	82,059		78,392		81,753		79,905
Basic EPS (A / B)	$	0.32	$	(0.01)	$	0.68	$	0.08
Diluted EPS (A / C)	$	0.31	$	(0.01)	$	0.66	$	0.08
Common stock equivalent shares excluded from the dilutive calculation due to antidilutive effect:
Shares of common stock subject to outstanding options	144		2,303		148		535
Restricted stock units	19		3,725		51		129
Employee stock purchase plan	—		51		—		—
Anti-dilutive potential common shares	163		6,079		199		664