The following table sets forth the computation of net income per share (in thousands, except per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator:
Net income	$	2,267	$	8,828	$	42,406	$	37,364

Denominator:
Weighted average shares of common stock outstanding		110,319		109,421		110,018		108,735
Add: Effect of dilutive securities associated with options		—		1		—		2
Add: Effect of dilutive securities associated with restricted stock awards and units		3,892		3,396		4,210		3,931
Add: Effect of dilutive securities associated with employee stock purchase program		43		5		60		8
Weighted average common shares – dilutive		114,254		112,823		114,288		112,676

Basic net income per share	$	0.02	$	0.08	$	0.39	$	0.34

Diluted net income per share	$	0.02	$	0.08	$	0.37	$	0.33

Anti-dilutive employee stock-based awards, excluded		60		292		103		1,194

Basic net income per share is computed using the weighted average number of shares of common stock outstanding during the period, excluding any unvested restricted stock awards that are subject to repurchase. Diluted net income per share is computed using the treasury stock method to calculate the weighted average number of shares of common stock and, if dilutive, potential common shares outstanding during the period. Potentially dilutive common shares include unvested restricted stock awards and incremental common shares issuable upon the exercise of stock options, less shares repurchased from assumed proceeds. The assumed proceeds calculation includes actual proceeds to be received from the employee upon exercise and the average unrecognized stock compensation cost during the period.