Basic net income per share attributable to common stock is computed by dividing net income for the period by the weighted average number of common shares outstanding during the period.

Diluted net income per share attributable to common stock is computed by giving effect to all potentially dilutive common stock equivalents to the extent they are dilutive. The dilutive effect of outstanding options, RSUs and warrants is reflected in diluted net income per share attributable to common stock by application of the treasury stock method. The calculation of diluted net income per share attributable to common stock excludes all anti-dilutive common shares.

The rights of the holders of Class A and Class B common stock are identical, except with respect to voting and conversion. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis to each class of common stock, and the resulting basic and diluted net income per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis.

The following table sets forth the computation of basic and diluted net income per share attributable to common stock (in thousands except share and per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator:
Net income	$	27,480	$	17,744	$	73,920	$	46,264
Denominator:
Weighted-average shares of common stock — basic		126,028,733		125,341,855		125,854,573		125,159,766
Dilutive effect of stock options		2,561,487		2,557,228		2,392,608		2,554,109
Dilutive effect of RSUs		1,027,095		1,003,188		609,141		1,002,598
Dilutive effect of warrants		720,133		347,206		622,232		336,931
Weighted-average shares of common stock — diluted		130,337,448		129,249,477		129,478,554		129,053,404
Net income per share
Basic	$	0.22	$	0.14	$	0.59	$	0.37
Diluted	$	0.21	$	0.14	$	0.57	$	0.36

The following table summarizes the weighted-average number of securities that were excluded from the computation of diluted net income per share attributable to common stock as their inclusion would have been antidilutive:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
RSUs		6,562		1,900		889,593		1,788