Basic net income per share is computed based on the weighted-average number of common shares outstanding. Diluted net income per share is computed based on the weighted-average number of common shares outstanding, increased by the number of additional shares that would have been outstanding had potentially dilutive common shares been issued and reduced by the number of shares the Company could have repurchased from the proceeds from issuance of the potentially dilutive shares. Potentially dilutive shares of common stock include stock options and other stock-based awards granted under stock-based compensation plans and shares committed to be purchased under the employee stock purchase plan. Performance stock units are excluded from the calculation of dilutive potential common shares until the performance conditions have been satisfied. Anti-dilutive options were excluded from the calculation of diluted weighted-average shares outstanding and were 106,341 and 214,801 for the three months ended September 30, 2026 and 2025, respectively, and 50,464 and 380,740 for the nine months ended September 30, 2026 and 2025, respectively.



	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except share and per share amounts)	2026		2025		2026		2025
Net income	$	11,762	$	7,216	$	29,025	$	15,242

Basic - weighted-average shares outstanding:	24,024,031		23,889,157		23,943,656		23,974,054
Effect of dilutive securities:
Employee stock options and other	414,769		301,882		454,753		275,615
Diluted - weighted-average shares outstanding:	24,438,800		24,191,039		24,398,409		24,249,669
Net income per share:
Basic	$	0.49	$	0.30	$	1.21	$	0.64
Diluted	$	0.48	$	0.30	$	1.19	$	0.63