v3.26.3
NET INCOME PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Common Share
The following table sets forth the computation of basic and diluted net income per common share for the three and nine months ended September 30, 2026 and 2025 (in thousands, except per common share amounts):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Numerator:
   Net income$28,521 $5,432 $36,090 $5,397 
Denominator:
   Weighted average common shares outstanding—basic39,863 44,038 39,929 45,257 
Computation of diluted securities:
   Dilutive effect of stock options47 37 30 32 
   Dilutive effect of RSUs920 383 722 429 
Dilutive effect of ESPP share options— 1 — 11 
   Weighted average common shares outstanding—diluted40,830 44,459 40,681 45,729 
Net income per common share:
   Basic net income per common share$0.72 $0.12 $0.90 $0.12 
   Diluted net income per common share$0.70 $0.12 $0.89 $0.12 
Schedule of Potential Dilutive Effect of the Securities Excluded from the Calculation of Diluted Income Per Share
The following table summarizes the outstanding stock options, RSUs, ESPP share options and convertible senior notes that were excluded from the diluted net income per common share calculation because the effects of including these potential shares were antidilutive in the periods presented (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Weighted average number of stock options5,722 6,488 5,927 6,573 
2025 Notes— 972 — 2,205 
Weighted average number of RSUs684 1,531 1,646 1,831 
Weighted average ESPP share options56 — 74 — 
      Total6,462 8,991 7,647 10,609