
	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025

	(in thousands, except per share data)				(in thousands, except per share data)
Numerator:
Net income	$	52,405	$	47,290	$	103,048	$	94,824
Denominator:
Basic weighted average shares	34,989		36,253		35,297		36,359
Effect of potentially dilutive shares:
Stock options	20		172		30		191
Restricted stock units	21		94		23		99
Employee stock purchase plan	—		—		3		2
Diluted weighted average shares	35,030		36,519		35,353		36,651
Net income per share:
Basic	$	1.50	$	1.30	$	2.92	$	2.61
Diluted	$	1.50	$	1.29	$	2.91	$	2.59

Potentially dilutive shares not included in the calculation of diluted net income per share because doing so would be anti-dilutive are as follows:


	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025

	(in thousands)		(in thousands)
Stock options	1,133	832	1,077	823
Restricted stock units	745	192	678	206
Employee stock purchase plan	30	24	16	12
Total anti-dilutive shares	1,908	1,048	1,771	1,041