Quarterly report pursuant to Section 13 or 15(d)

Income Per Share

v3.24.3
Income Per Share
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Income Per Share Income Per Share
For the three and nine months ended September 30, 2024 and 2023, our potentially dilutive securities included stock options, restricted stock units and shares to be issued under our employee stock purchase plan. Our potentially dilutive securities for the three and nine months ended September 30, 2024 also included performance stock units.
The following table sets forth the calculation of basic and diluted income per share for the three and nine months ended September 30, 2024 and 2023:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2024 2023 2024 2023
Net income $ 41,355 $ 7,915 $ 119,077 $ 52,379
Weighted-average common shares outstanding – basic 202,945 196,146 199,793 195,404
Dilutive effect of stock-based compensation awards 11,688 8,152 8,048 8,550
Weighted-average common shares outstanding – diluted 214,633 204,298 207,841 203,954
Income per common share – basic $ 0.20 $ 0.04 $ 0.60 $ 0.27
Income per common share – diluted $ 0.19 $ 0.04 $ 0.57 $ 0.26
The following is a summary of potential shares of common stock that were antidilutive and excluded from the weighted average share computations for the three and nine months ended September 30, 2024 and 2023:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2024 2023 2024 2023
Stock options 1,750 6,533 1,750 6,272
Restricted stock units 66 872 66 872
Potential common shares excluded from the weighted average share calculations 1,816 7,405 1,816 7,144