| Schedule of Basic and Diluted Income (Loss) per Share |
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic net income per share | | | | | | | | | Numerator: | | | | | | | | | Net income attributable to BlackLine, Inc. | $ | 16,481 | | | $ | 8,292 | | | $ | 24,607 | | | $ | 14,347 | | | Denominator: | | | | | | | | | Weighted average shares | 58,529 | | | 62,143 | | | 58,981 | | | 62,481 | | | Basic net income per share attributable to BlackLine, Inc. | $ | 0.28 | | | $ | 0.13 | | | $ | 0.42 | | | $ | 0.23 | | | | | | | | | | | Diluted net income per share | | | | | | | | | Numerator: | | | | | | | | | Net income attributable to BlackLine, Inc. | $ | 16,481 | | | $ | 8,292 | | | $ | 24,607 | | | $ | 14,347 | | | Interest expense, net of taxes | 1,710 | | | 130 | | | 2,751 | | | 255 | | | | | | | | | | | | | | | | | | | Net income attributable to BlackLine, Inc. for diluted calculation | $ | 18,191 | | | $ | 8,422 | | | $ | 27,358 | | | $ | 14,602 | | | Denominator: | | | | | | | | | Weighted average shares | 58,529 | | | 62,143 | | | 58,981 | | | 62,481 | | | Dilutive effect of securities | 171 | | | 476 | | | 353 | | | 554 | | | Dilutive effect of convertible senior notes | 9,858 | | | 1,385 | | | 9,858 | | | 1,385 | | | Shares used to calculate diluted net income per share | 68,558 | | | 64,004 | | | 69,192 | | | 64,420 | | | Diluted net income per share attributable to BlackLine, Inc. | $ | 0.27 | | | $ | 0.13 | | | $ | 0.40 | | | $ | 0.23 | |
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| Schedule of Potentially Dilutive Shares Excluded From Calculation of Diluted per Share |
The weighted average impact of potentially dilutive securities that were excluded from the diluted per share calculations because they were anti-dilutive were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Stock options - service-only vesting conditions | 587 | | | 382 | | | 569 | | | 429 | | | | | | | | | | | Restricted stock units - service-only vesting conditions | 4,584 | | | 1,618 | | | 3,527 | | | 1,581 | | | Restricted stock units - performance and service conditions | 244 | | | 141 | | | 162 | | | 89 | | | Restricted stock units - market and service conditions | 647 | | | 375 | | | 518 | | | 285 | | | | | | | | | | | Contingently returnable common shares | 221 | | | — | | | 221 | | | — | | | Total shares excluded from net income per share | 6,283 | | | 2,516 | | | 4,997 | | | 2,384 | |
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