Basic earnings per share, or EPS, is computed based on the weighted average number of common shares outstanding during the period. Diluted EPS is computed based on the sum of the weighted average number of common shares and potentially dilutive common shares outstanding during the period. In loss periods, basic and diluted loss per share are identical since the effect of potentially dilutive common shares is antidilutive and therefore excluded. Potentially dilutive common shares from equity awards are determined using the average share price for each period under the treasury stock method. In addition, proceeds from exercises of equity awards and the average amount of unrecognized compensation expense for equity awards are


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator for basic and diluted EPS — net income (A)	$	31,503	$	19,137	$	85,700	$	25,204
Denominator for basic EPS — weighted average shares (B)	80,500		78,725		80,007		78,384
Effect of potentially dilutive common stock from:
Shares of common stock subject to outstanding options	539		333		551		438
Restricted stock units	1,704		595		1,597		1,081
Employee stock purchase plan	41		39		49		43
Dilutive potential common shares	2,284		967		2,197		1,562
Denominator for diluted EPS — adjusted weighted average shares and assumed conversions (C)	82,784		79,692		82,204		79,946
Basic EPS (A / B)	$	0.39	$	0.24	$	1.07	$	0.32
Diluted EPS (A / C)	$	0.38	$	0.24	$	1.04	$	0.32
Common stock equivalent shares excluded from the dilutive calculation due to antidilutive effect:
Shares of common stock subject to outstanding options	129		1,057		143		544
Restricted stock units	22		930		29		129
Employee stock purchase plan	—		—		—		—
Anti-dilutive potential common shares	151		1,987		172		673