Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2026

The computation of net income per share is as follows (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Net income	$	14,263	$	7,009	$	19,241	$	4,996
Basic weighted-average common shares outstanding		55,871		63,163		57,453		63,859
Effect of dilutive stock-based compensation awards (1)		781		679		677		617
Diluted weighted-average common shares outstanding		56,652		63,842		58,130		64,476
Net income per share, basic	$	0.26	$	0.11	$	0.33	$	0.08
Net income per share, diluted		0.25		0.11		0.33		0.08

(1)

There were 3,608 and 3,510 potential common shares excluded from diluted weighted-average common shares outstanding for the three months ended June 30, 2026 and 2025, respectively, and 4,115 and 3,508 potential common shares excluded from diluted weighted-average common shares outstanding for the six months ended June 30, 2026 and 2025, respectively, as their inclusion would have had an anti-dilutive effect.