Calculations of the basic and diluted net income (loss) per share and potential common shares are as follows (in thousands, except for per share data):


	Three Months Ended
	June 30,
	2026		2025
Numerator:
Net income (loss)	$	21,835	$	(3,679	)
Denominator:
Denominator for basic net income (loss) per share - weighted average shares outstanding		71,812		71,729
Dilutive common equivalent shares:
Weighted average restricted stock units and performance-based restricted stock units		2,785		-
Denominator for diluted net income (loss) per share- weighted average shares outstanding		74,597		71,729
Net income (loss) per share:
Basic net income (loss) per share	$	0.30	$	(0.05	)
Diluted net income (loss) per share	$	0.29	$	(0.05	)

The following table sets forth restricted stock units excluded from the calculation of diluted net income (loss) per share, since their inclusion would be anti-dilutive (in thousands):


	Three Months Ended
	June 30,
	2026		2025
Restricted stock units		268		1,647

As the Company incurred a net loss during the three months ended June 30, 2025, all outstanding restricted stock units (including performance-based restricted stock units) have an anti-dilutive effect and are therefore excluded from the computation of diluted weighted average shares outstanding.